Profiteering (business)
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'''Profiteering''' is a pejorative term for the act of making a [[profit]] by methods considered [[ethics|unethical]]. [[Business]] owners may be accused of profiteering when they [[price gouging|raise prices]] during an emergency ([[War profiteering|especially a war]]). The term is also applied to businesses that play on [[political corruption]] to obtain government contracts.
Some types of profiteering are illegal, such as [[price fixing]] syndicates and other [[Competition (economics)|anti-competitive]] behaviour, for example on [[fuel subsidies]] (see ''[[British Airways#Price-fixing|British Airways price-fixing allegations]]''), or restricted by industry codes of conduct such as aggressive [[marketing]] of products in the [[third world]] such as [[baby milk]] (see ''[[Nestlé boycott]]'').
==See also==
* [[Business ethics]]
* [[War profiteering]]
* [[Price gouging]]
* [[McDojo]] - Profiteering in the [[Martial arts]]
[[Category:Business terms]]
[[Category:Profit]]
[[Category:Microeconomics]]
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