no it is not
Posted on: May 4, 2024 at 14:39:31 CT
tigerinhogtown STL
Posts:
63786
Member For:
24.24 yrs
Level:
User
M.O.B. Votes:
0
Price gouging is the practice of increasing the prices of goods, services, or commodities to a level much higher than is considered reasonable or fair. Usually, this event occurs after a demand or supply shock.
5% is reasonable and fair. Especially when they only had 4% profit (6.8 billion on 168 billion revenue). I know my business could not survive on that....could yours have survived at 5%?