Talk of The Villages Florida - View Single Post - Price gouging
Thread: Price gouging
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Old 04-06-2020, 07:54 AM
Mumbles Mumbles is offline
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Default Imho . . . .

Quote:
Originally Posted by Velvet View Post
Amazon regularly allows price gauging. If an item is scarce the price that various suppliers offer it at it gets higher the scarcer the item is. They can also charge shipping costs which can be unbelievably high.
. . . nobody in the usa, at least, is guaranteed a fair price due to the fact that scarcity of a product often makes the retailer raise the price. It's, unfortunately maybe, the way business can work sometimes. Fair Trade items, however, do not follow that dictum. An example is coffee. If Jose Beano grows Arabica coffee beans the same as Andy Merchant, the price OUGHT to be the same for both under FT.