price gouging
noun/ˈpraɪs ɡaʊdʒɪŋ/
/ˈpraɪs ɡaʊdʒɪŋ/
[uncountable] (especially North American English, disapproving)- the action or practice of increasing prices a lot, especially in order to take advantage of sudden high demand
- Drug and medical supplies companies were accused of price gouging in the early stages of the pandemic.
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price gouging