Yes it’s happening on certain items such as masks, hand sanitize soap, tissue, now it’s hitting food products such as drinking water. Sadly some seller are increasing the price of these goods to make profit taking advantage of the Coronavirus pandemic.
Price gouging is a term referring to when a seller increases the prices of goods, services or commodities to a level much higher than is considered reasonable or fair, and is considered exploitative, potentially to an unethical extent. Usually this event occurs after a demand or supply shock
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