Price Gouging Essays & Research Papers

Assessing the Ethics of Price Gouging During the Covid-19 Pandemic

1 Page 569 Words

The topic of exploitative pricing has been a long-standing theme irrespective of the world situation. However, due to the recent Covid-19 pandemic, the controversy of excessive pricing on unforeseen circumstances has become a central debate again. According to OECD (2020), attributable to the coronavirus, the business environment has been subjected to instability resulting in the disruption of supply chains. The...

AbsolutismPrice GougingRelativism

262

Justifying the Fairness of Price Gouging Using Ethical Theories

1 Page 405 Words

To begin with, the issue of fairness arises with companies’ attempt to gain an advantageous market position through the exploitation of consumers’ unalterable needs in an unusual market condition (Crane et al., 2019:375). Thus, the justification to exploitative pricing’s fairness is being debated with the following two ethical theories. Firstly, consequentialism determines morality and ethicality solely based on consequences (Robertson...

Price GougingUtilitarianism

432

Competition Authorities and Their Role in Price Control in the UK

3 Pages 1248 Words

The coronavirus pandemic is the first time that all economies across the world have faced such a severe global challenge since the recovery from World War II, and it would be fair to say that the UK have been among the worst affected. In this report, I will investigate how the UK Competitions and Markets Authority (CMA) have adapted to...

CoronavirusPrice Gouging

432

Unethical Management Practices of Valiant Company

2 Pages 733 Words

The share prices of Valeant dropped in just a few weeks from $ 262 to $ 27. This was due to the main reasons – the company's pricing strategy, the company's $ 600 million overestimation of its target earnings and the debt problems. Valeant used a pricing strategy where they increased the prices of the drugs of the acquired company...

PharmacyPrice GougingPricing Strategy

498

Price Gouging essays

Assessing the Ethics of Price Gouging During the Covid-19 Pandemic

Justifying the Fairness of Price Gouging Using Ethical Theories

Competition Authorities and Their Role in Price Control in the UK

Unethical Management Practices of Valiant Company

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