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Thought experiment: if gas prices doubled overnight would anyone get upset at gas station owners? Exactly. That's why it's not price gouging. Something's not p
by randallsquared 17y ago
Thought experiment: if gas prices doubled overnight would anyone get upset at gas station owners? Exactly. That's why it's not price gouging.
Something's not price gouging when people get upset? Or maybe you weren't paying any attention to sentiment when gas prices were soaring a few years back? People hated gas station owners, and there certainly were accusations of "gouging".
- davidmathers 17y agoand there certainly were accusations of "gouging" That was a bad example. But those accusations were obviously made by idiots. My point was that if the manufacturer doubles the price no one gets mad at the retailer. Except idiots.