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RE: Quick Reminder the BENEFIT'S of Price Gouging ~ #supplyanddemand
There should be a higher burden of proof before accusations of price gouging get thrown around, for sure. It probably should be criminal if the seller has done something underhanded like artificially lowering the perceived supply, removing all but a few off the shelves. But if there is high demand and a low supply, it's often not fair for the seller to be told how to price their goods.
I hear ya. I’m not insinuating it’s already happening, although it could be. And if they had stock and suppressed their inventory for possible gains in profit, I could maybe see some sort of litigation taken. More than likely though, that wouldn’t happen from a reputable business, imo. Too risky for the backlash they would receive after it was found out. Is it really worth tarnishing your reputation for a quick buck? I doubt it.
I was merely stating that contrary to public opinion, price gouging is a good capitalist trigger to adhere to supply and demand.
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