
Making sense of the ‘evil’ of price gouging, AKA price flexibility
Companies should be applauded for increasing prices for the reasons mentioned above. The state and its various institutions have shown throughout the past year in particularly, that it is not interested in creating an environment conducive to business growth and prosperity. Given its actions, it is deliberately trying to strangle the business sector and broader economy. Price gouging, properly understood, is simply price flexibility – a normal market mechanism.

