Rob Boudrie
NES Member
- Joined
- Apr 24, 2005
- Messages
- 38,039
- Likes
- 16,381
Sure there is, but it generally involves coercive situations. As in "I am the only one here with a first aid kit and you have about 5 minutes before you pass out and die unless I sell you a tournequit. My price is $250,000 - just sign here agreeing to the price and a lien on your house and I'll install it".Unless the suppliers are colluding to fix the pricing or artificially limit supply then the price is simply market demand.
There is no such thing as gouging in a free market transaction - the item is worth the asking price or not.
Technically that is "willing buyer meets willing seller", but most would still consider it gouging.