Should price gouging be illegal?

Price gouging is when a seller raises prices significantly on products during an emergency such as an earthquake. Should price gouging be illegal?

1. No - price gouging may seem unfair but making it illegal causes many unintended consequences that do more harm than good.

2. Yes - companies should be held liable for trying to profit from emergencies

3. Other

References

1. Abolish Price and Wage Controls, Cato Institute

2. Price Gouging, John Stossel