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Blatant Profiteering – What’s been your experience?

Blatant Profiteering – What’s been your experience?

Old Mar 21st 2020, 5:01 am
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Default Blatant Profiteering – What’s been your experience?

Popped in to a local shopping mall today and security insisted that face masks must be worn. I explained that I didn’t have one as they were sold out. They referred me to a pharmacy within the mall, which was still selling them.

At the pharmacy, they were indeed selling disposable facemasks; normally costing ₱5 each before the outbreak of the virus, they were now charging ₱30. That’s a 600% mark up. Would be nice to have a market watchdog to report these profiteers to. Anybody else experiencing blatant profiteering?


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Old Mar 21st 2020, 4:50 pm
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Default Re: Blatant Profiteering – What’s been your experience?

Friend bought hand sanitiser for 260...normally 60.

Bound to happen.

Regards
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Old Mar 21st 2020, 6:07 pm
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Default Re: Blatant Profiteering – What’s been your experience?

The local municipal system has jumped on the bandwagon as well. For a half page letter to say you can travel 25km to pick up fish costs P1,000, cert of approval from mayor P450, travel clearance for vehicle P300, health cert P150.
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Old Mar 21st 2020, 6:46 pm
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Default Re: Blatant Profiteering – What’s been your experience?

It happened in UK in 2007 in Gloucestershire the there were no mains water for about 10 days. The authorities supplied free bottled water. Some enterprising corner shop owners collected as much as possible from the distribution points. It will come as no surprise that they sold the said water at well above the normal price. Some were caught out.
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Old Mar 21st 2020, 6:59 pm
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Default Re: Blatant Profiteering – What’s been your experience?

Being a "spiv" or a black marketeer is a common way of making a quick buck.
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Old Mar 21st 2020, 8:05 pm
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Default Re: Blatant Profiteering – What’s been your experience?

Take a look at the price of bananas, from behind the sofa as it is too scary. this following advise how good they are for your health!!. but not now your wealth
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Old Mar 21st 2020, 10:33 pm
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Default Re: Blatant Profiteering – What’s been your experience?

Originally Posted by mikemike
Take a look at the price of bananas, from behind the sofa as it is too scary. this following advise how good they are for your health!!. but not now your wealth
No bananas here, the banana man can't get into the barangay.
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