Price Gouging facts
While investigating facts about Price Gouging Laws and Price Gouging Definition, I found out little known, but curios details like:
Best Buy used to have a fake internal website that looked exactly like their actual internet website, but with marked up prices, so they could price gouge in-store customers.
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AriZona iced tea has never wavered from the 99-cent price point introduced shortly after the drink debuted in 1992. It’s even printed on the label as a way of warding off sugar-water price gouging by retailers.
What is considered price gouging?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering price gouging illegal in what states. Here are 9 of the best facts about Price Gouging Meaning and Price Gouging Florida I managed to collect.
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Valeant operating practice was gouging patients to beef up their returns while consolidating most of the pharmaceutical industry. Senators found the 30-year-old drug Syprine, which was acquired by Valeant in 2010, has seen a price increase of more than 3,000 per cent.
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Return of the Jedi was called Blue Harvest to prevent price gouging during production. Video proof in comments.
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In order to prevent price gouging by service providers, Star Wars: Return of the Jedi was given the working title "Blue Harvest" with the tagline of "Horror Beyond Imagination"
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Home Depot apologized for price gouging on 24 packs of water during a weather crisis... in 2013
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Scientist Dr. Richard Grant has found a Drug that taken daily reduces HIV risk by as much as 90% But price gouging is keeping it from being an affordable option for at risk groups.
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There is a company offering a $1 alternative to last months' insane AIDs medicine price gouge
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In 2011 Martin Shkreli (now infamous drug price gouging CEO) asked the FDA to reject a valuable cancer diagnostic tool from a company while publicly shorting its stock.