I am sick of people do not understand what anti-gouging laws are
Anti-gouging laws prevent the sudden increase in the price of goods due to unforeseen events, like disease or disasters. It does not control the sale value of goods at all. So in an anti-gouging law set at 10%, you can sell your water bottle for whatever price you want as long as you increase your price no more than 10% compared to the price 30 days before something disastrous hits. So you still get your normal profit plus 10% of the total price, which is usually higher than just 10% extra profit. In addition, there are exceptions for goods that have increased cost due to the situation. If you are against anti-gouging laws then you are just pro-profiteering. It is fine to be pro-profiteering, just stop saying that anti-gouging kills profit or something of sort.
submitted by /u/KhangLuong
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