1. price gouging - Noun
2. price gouging - Verb
pricing above the market price when no alternative retailer is available
Source: WordNetThe pharmaceutical industry must be told in no uncertain terms that the medicines that they manufacture for this crisis will be sold at cost. This is not the time for profiteering or price gouging. Bernie Sanders
First of all, I'm in favor of making price gouging a crime, and in fact, one the reasons I didn't vote for the Republican House version was because there were too many breaks for the oil companies. Marty Meehan
Price gouging in California is legal as long it’s in the form of wasteful taxes. Source: Internet
Price gouging is when a retailer or seller is attempting to take unfair advantage of the public during an emergency by increasing prices in an unreasonable manner for essential consumer goods and services. Source: Internet
Price gouging needs to be "aggressively monitored," Newsom said at a press conference Wednesday. Source: Internet