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[–] Badnuggets69 ago  (edited ago)

I understand the basis for such laws: basically you have a trapped consumer with no options and the gov. wants to protect them. I doubt the spirit of the law was to force companies to take loses or magically change supply-demand curves.

Edit: my point is price gouching is a matter of degree. Standard supply-demand would increase price in such situations, and I doubt you could outlaw that.

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[–] KosherHiveKicker [S] ago 

$80.00 for a 24-pack of 16oz. bottles of tap water seems like "Standard supply-demand"?

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[–] Badnuggets69 ago 

If it was high, you would see companies undercutting the price. How much do you think it would cost to get UPS to deliver to the middle of one of those flooded neighborhoods? They going to rent a boat?