noun
- the practice of making excessive profits, especially by taking advantage of shortages or emergencies
Usage: often considered unethical
Examples
- The company was accused of profiteering during the natural disaster.
- Government officials investigated reports of profiteering in the medical supply industry.
- Price controls were implemented to prevent profiteering on essential goods.
- The store owner denied charges of profiteering despite raising prices dramatically.
- War profiteering has been a concern throughout history.
- Consumer groups protested against profiteering by oil companies.