profiteering
Sign in to saveProfiteering is a pejorative term for the act of making a profit by methods considered unethical.
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Encyclopedic overview
6 sectionsContents
- Overview
- Types of profiteering
- Laws
- See also
- Example cases
- References
Profiteering is a pejorative term for the act of making a profit by methods considered unethical.
==Overview== Business owners may be accused of profiteering when they raise prices during an emergency (especially a war). The term is also applied to businesses that play on political corruption to obtain government contracts.
Excerpted from Wikipedia’s “profiteering” article, available under the CC BY-SA 4.0 licence.