4 ms·
It's not price gouging unless one seller got all the masks. It's called market forces. A lot of products were shipped from the middle of the country to the coas
by pishpash 7y ago
It's not price gouging unless one seller got all the masks. It's called market forces. A lot of products were shipped from the middle of the country to the coasts where there was no stock, faster than any central distribution could achieve.
I'm sure people who needed masks were glad they got what they needed before this stupid ban.
- TeMPOraL 7y agoIt absolutely is price gouging if masks suddenly cost 20x what they normally do (or perhaps 'profiteering' would be a better term?); moreover, in conditons of undersupply, competition doesn't lower prices, because every seller can be confident they'll clear out their stock (as long as the price doesn't overshoot demand completely).