1. the practice of setting prices that are too high or unreasonably expensive

Examples

• The overpricing of concert tickets led to many empty seats.
• Customers complained about the restaurant’s overpricing of simple dishes.
• The company’s overpricing strategy backfired when competitors offered better deals.
• Overpricing in the housing market made it difficult for first-time buyers.
• The store’s overpricing of basic necessities angered local residents.
• Economic analysts warned that overpricing could drive away potential customers.