174k views
5 votes
When gasoline prices rise​ rapidly, angry customers often accuse the major oil companies of​ ________, or enriching themselves at the expense of consumers.?

User Saber CN
by
7.5k points

1 Answer

3 votes
Price gouging is the term that means when a company is raising prices on a product or service at the expense of their consumers in order to make more money. When gasoline prices rise, angry customers often accuse oil companies of this.
User Nmarler
by
8.1k points