12
Is it illegal to charge insane prices for things?
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 07 Jan 2024
12 points (71.4% liked)
No Stupid Questions
2174 readers
35 users here now
There is no such thing as a Stupid Question!
Don't be embarrassed of your curiosity; everyone has questions that they may feel uncomfortable asking certain people, so this place gives you a nice area not to be judged about asking it. Everyone here is willing to help.
- ex. How do I change oil
- ex. How to tie shoes
- ex. Can you cry underwater?
Reminder that the rules for lemmy.ca still apply!
Thanks for reading all of this, even if you didn't read all of this, and your eye started somewhere else, have a watermelon slice ๐.
founded 2 years ago
MODERATORS
No.
Even Martin Skreli, the dipshit who jacked up insulin prices by 300% didn't get in trouble for that; he went to prison for security fraud or someshit.
However, if there was say a crisis going on and you raised the price of water you were selling to capitalize on others' misfortune that tends to be illegal. Like when stores were price gouging on hand sanitizer during the height of the covid lockdowns.
Skreli was absolutely 100% capitalizing on others' misfortune and the fact that he didn't get in trouble for that is incredibly bad.