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Re:Chip shortage leads carmaker Opel to shut German plant un... by tbihl on Thursday September 30, 2021 @11:18PM (#28714091)
Price gouging laws target the products with most serious risk of shortages and guarantee shortages. I think back to the gas pipeline shutdown earlier this year, and how simply that could have been a non-issue if stations had been allowed to raise prices.
Re:Chip shortage leads carmaker Opel to shut German plant un... by chii on Friday October 01, 2021 @06:49AM (#28716767)
The problem is one of optics - if life-essentials were allowed to be price-gouged, the local gov't officials get blamed for not instituting price control during the period of shortage. Even if the shortage would've been worse had there been price control!