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Longman Dictionary of Contemporary English
profiteering
noun
EXAMPLES FROM OTHER ENTRIES
▪ As food supplies dwindled, complaints against profiteering became more vociferous.
▪ The emergency government brought in a special law to prevent hoarding and profiteering.
EXAMPLES FROM CORPUS
▪ He denies there is any profiteering.
▪ Merchants who bought food in surplus areas for sale in drought districts were shot for profiteering.
▪ Real fans, they say, need protecting; profiteering must be stopped.
Wiktionary
profiteering

n. The act of making an unreasonable profit not justified by the corresponding assumption of risk, or by doing so unethically vb. (present participle of profiteer English)

Wikipedia
Profiteering (business)

Profiteering is a pejorative term for the act of making a profit by methods considered unethical.

Business owners may be accused of profiteering when they raise prices during an emergency ( 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, for example on fuel subsidies (see British Airways price-fixing allegations), and other anti-competitive behaviour. Some are restricted by industry codes of conduct, e.g. aggressive marketing of products in the Third World such as baby milk (see Nestlé boycott).

Profiteering

Profiteering may refer to:

  • Profiteering (business) (during peacetime)
  • War profiteering

Usage examples of "profiteering".

He was a biologist banned from Brazil for black-market profiteering and for crimes against the indigenous people.

Rio that night: those who were terrified of the meteors, those who were profiteering from it, and those who were anxious to see what they could of the big show.

George, where radicals, socialists, Democrats, Republicans, nonpolitical students, highly political scientists, and their women-all against Industrial Parks, smog, tract houses, foundations-not-paying-taxes, profiteering in 7-million-dollar Saturn and Polaris missiles, Presidents with weak hearts, with weak backs, et cetera, et cetera .

After several decades of wild industrial growth, financial manipulation, uncontrolled speculation and profiteering, it all collapsed: 642 banks failed and 16,000 businesses closed down.

He could remember the rabbits, the rerouting on the longer track, the protestors, the anger, the questions as to which land was to be used, and the accusations of profiteering.

A joint committee of Congress and the council met and, on April 3, recommended a court-martial on the first, second, third, and fifth charges, having to do with profiteering and the use of public property for private ends.

It would be party political profiteering and I want no part of that.

The scarcities, inflation, taxes, and profiteering, the incessant worries and enmities of war, were all ever-present.