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price gouging
[ prahys gou-jing ]
noun
- an act or instance of charging customers too high a price for goods or services, especially when demand is high and supplies are limited:
The law prohibits price gouging during weather emergencies such as snowstorms.
Other Word Forms
- price gouge price-gouge verb (used with or without object)
- price goug·er noun
Word History and Origins
Origin of price gouging1
Example Sentences
Product shortages created by stockpiling and panic purchases often lead to price gouging, Thornberg said.
It was a minor miracle in the current L.A. market of limited availability and price gouging.
On grocery prices, Trump’s take was about as simplistic as that of Democratic opponent Kamala Harris, who promised to crack down on price gouging.
As these people searched for housing, there were widespread reports of illegal price gouging, with some landlords increasing rent by more than 50%.
On top of their stressors, price gouging is making the dire housing situation in Los Angeles County even worse.
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