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profiteering
[ pro-fi-teer-ing ]
noun
- the act or practice of seeking exorbitant profits, especially through the sale of scarce or rationed goods:
The companies who raised prices before, during, or after the hurricane were charged with profiteering.
51Թ History and Origins
Origin of profiteering1
Example Sentences
He said there were "a huge amount of people" who were "profiteering" - but that in those cases, investors were at least getting a product.
The government will set out legislation in Parliament on Monday that will require major care home providers to share their finances with the government, so it can challenge what it describes as profiteering.
She accused the series of “exploitation and profiteering” off young stars, writing that Payne would be alive today had he not auditioned.
He said if the UK government “prevents British businesses from enabling Putin's profiteering, then I think you'll start to see others following that lead”.
Indeed, profiteering by consumer companies untethered by competitive concerns played an unmistakable role in the inflation surge over the last couple of years.
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