Profiteering is apejorative term for the act of making aprofit by methods consideredunethical.[1][2][page needed]
Business owners may be accused of profiteering when theyraise prices during an emergency (especially a war).[3][page needed] The term is also applied to businesses that play onpolitical corruption to obtain government contracts.
Some types of profiteering are illegal, such asprice fixing[4][page needed] syndicates, for example onfuel subsidies (seeBritish Airways price-fixing allegations), and otheranti-competitive behaviour. Some are restricted by industry codes of conduct, e.g. aggressivemarketing of products in theThird World such asbaby milk (seeNestlé boycott).
Profiteering is illegal in several countries, including but not limited to:
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