Sorry… how is a price increase that is not justified by inflation not price gouging?
Price gouging has nothing to do with what is necessary and Coca-Cola is being used as an example. I’m not why you think this is singly about coca-cola.
It’s justified by inflation, inflation is an average.
For example, if thing A goes up 20% and thing B goes up 0% we say the inflation is 10%. You will complain that A went up faster than the inflation. But you’re cherry picking the data, since you ignored B not going up
I think this simply depends on your definition of gouging. If I used “to charge someone too much money for something, in a way that is dishonest or unfair” as I found from google, one could argue that the increase was justified by some others means that didn’t qualify as dishonest or unfair, which is also subjective.
Sorry… how is a price increase that is not justified by inflation not price gouging?
Price gouging has nothing to do with what is necessary and Coca-Cola is being used as an example. I’m not why you think this is singly about coca-cola.
It’s justified by inflation, inflation is an average.
For example, if thing A goes up 20% and thing B goes up 0% we say the inflation is 10%. You will complain that A went up faster than the inflation. But you’re cherry picking the data, since you ignored B not going up
I see, you didn’t actually read the article.
I think this simply depends on your definition of gouging. If I used “to charge someone too much money for something, in a way that is dishonest or unfair” as I found from google, one could argue that the increase was justified by some others means that didn’t qualify as dishonest or unfair, which is also subjective.