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I don't understand your assertion that the second definition is meaningless. Charging the market price is by the given definition not price gouging. Scarcity m
by skorgu 17y ago
I don't understand your assertion that the second definition is meaningless. Charging the market price is by the given definition not price gouging.
Scarcity may be the term you're looking for.
- selven 17y agoIt's meaningless because if you're the only provider your price is by definition the market price. Market price means the price on the market, not the price in a hypothetical fair competitive market.
- skorgu 17y agoI see. It still doesn't fit the scenario of SSDs as there isn't a single retailer.