Unethical Profiteering: Making Excessive Profits During Emergencies by Exploiting Scarcity and Market Dominance
Profiteering refers to the act of making an unreasonable or unethical profit, particularly during emergencies or by exploiting situations such as scarcity. This often involves manipulating prices or abusing a dominant market position. While typically not subject to governmental control unless illegal means are used, profiteering is viewed negatively across various definitions. It is characterized by disproportionately large profits gained through unfair practices, as highlighted in legal cases and reference guides.
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