price gouging

• Die Praxis, die Preise für Güter oder Dienstleistungen des täglichen Bedarfs unfair oder übermäßig stark zu erhöhen, besonders in Krisen- oder Notlagen, wenn die Nachfrage hoch und das Angebot knapp ist.

The practice of raising prices on essential goods or services to an unfair or excessively high level, especially during a crisis or emergency when demand is high and supply is limited.

1. Unfair pricing practiceB2formal

   The act of charging excessively high prices for goods or services, especially during a crisis or emergency when demand is high and supply is limited.

   Wucherpreise

   • The government passed laws to prevent price gouging during natural disasters.
   • Many people complained about price gouging on bottled water after the hurricane.
   • The store was fined for price gouging on essential medical supplies.