juurdehindlemisel
Juurdehindlemisel refers to the practice of increasing the price of goods or services, typically for speculative or exploitative reasons. This term is commonly used in Estonian economic discourse. It can manifest in various scenarios, from a seller arbitrarily raising prices during a period of high demand to a more organized cartel engaging in price manipulation. The act of juurdehindlemisel is often viewed negatively as it can harm consumers by making essential items or services less affordable and can distort fair market competition. While some price increases are a natural consequence of supply and demand, juurdehindlemisel specifically implies an unjustified or excessive markup beyond normal market fluctuations or cost increases. It can be a short-term tactic or a more persistent strategy. Understanding juurdehindlemisel is important for consumers to recognize when they might be overpaying and for policymakers to address potential market abuses.