USD in the News

TitleBrazil's Fine Line Between Price Gouging and Turning a Profit
News OrganizationMarketplace

Marketplace-- If you’re looking to book a hotel room for next summer’s World Cup in Brazil, look out. Prices at some hotels have risen 500 percent for World Cup season. Brazil’s president Dilma Rousseff is setting up a committee to head off price gouging. But what is price gouging, exactly? “It’s hard to pin point exactly where price increases stop being the normal operations of the marketplace and start being something morally problematic,” says Matt Zwolinski, who teaches philosophy at the University of San Diego... (Full story)

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