Preisüberhöhung
Preisüberhöhung, which translates to price gouging, refers to the practice of charging excessively high prices for goods or services, particularly during times of crisis or scarcity. This phenomenon is often observed in situations such as natural disasters, pandemics, or other events that disrupt supply chains and increase demand. The prices of essential items like water, food, fuel, or medical supplies can skyrocket under such circumstances.
The legality and ethicality of Preisüberhöhung are widely debated. In many jurisdictions, specific laws are in
Arguments against Preisüberhöhung often highlight the unfairness to consumers, who are forced to pay exorbitant amounts
The public perception of Preisüberhöhung is generally negative, and it is often condemned as unethical behavior