Consumer Encyclopedia
Price gouging
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This refers to artificially inflated prices on necessities after a disaster, natural or otherwise. Missouri has seen price gouging after the Sept. 11 terrorist attacks, Hurricane Katrina in 2005 and other severe storms in the state.
It's against Missouri law to take advantage of a desperate situation by drastically increasing prices on merchandise, whether it's gasoline, kerosene after winter storm, hotel rooms, ice, gas-powered generators and other necessities.