this post was submitted on 10 Oct 2024
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Examples of Profiteering
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The act of taking advantage of a situation in order to make a profit.
The Cambridge English dictionary.
This is devoted to examples of corporations in their fiduciary responsibility making incredible amounts of profit through situations they created, take advantage of, or perpetuate.
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Worth noting that they have closed this loop hole, so GTL & Securus Tech among others will likely to be taking around a 500 million dollar drop in their revenue. https://arstechnica.com/tech-policy/2024/07/fcc-closes-final-loopholes-that-keep-prison-phone-prices-exorbitantly-high/