Gouging, Predation, Collusion, SchemingMonday, April 18, 2011
As a response to my recent post about people condemning corporations for their responses to the pressures of inflation, a reader, Rod P., had this comment:
So I guess this is the current state of affairs?:
Raising prices is “gouging”.
Lowering prices is “predation”.
Keeping them the same is “collusion”.
Cutting costs is “scheming”.