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re: Coronavirus price gouger stuck with 18,000 bottles of sanitizers after Amazon bans him

Posted on 3/14/20 at 1:34 pm to
Posted by wadewilson
Member since Sep 2009
36780 posts
Posted on 3/14/20 at 1:34 pm to
quote:


The idea behind gouging is that it goes beyond what's reasonable or fair. If you're agreeing to a price, it's not unreasonable or unfair.


That's just poor logic.

What we have here is a guy that's driving through multiple counties and clearing out everyone's stock of a few key items specifically so that he can create a false demand and profiteer off of a shortage he created.

That's not capitalism. That's profiteering.
This post was edited on 3/14/20 at 1:43 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263293 posts
Posted on 3/14/20 at 1:38 pm to
quote:

That's not capitalism. That's profiteering.


So bill gates and Elon musk are profiteers? Wall Street?

If he sells for a profit he's a smart man.


I'll bet a hundred bucks if this guy bought from warehouses with a legal business license you would call him a respected businessman.
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