What is another word for price gouging?
Pronunciation: [pɹˈa͡ɪs ɡˈa͡ʊd͡ʒɪŋ] (IPA) 
Price gouging, also known as predatory pricing or profiteering, has become a growing concern in recent times as people struggle during challenging economic times. The term refers to the practice of raising the price of goods or services to an unreasonable level, often due to high demand or scarcity created by natural disasters or other crises. Some other synonyms for price gouging include extortion, overcharging, excessive pricing, price exploitation, and racketeering. In many places, price gouging is considered illegal, and governments often try to curb this practice by implementing strict regulations or imposing heavy fines. Protecting consumers and their financial interests should be a top priority for our society to maintain a fair and just economy.
