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PolicyWatch / Hak-Kun Hyun Baek ⚡
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2024-09-05 14:38:40
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PolicyWatch on Nostr: I believe that increasing prices can be acceptable, depending on the demand and the ...

I believe that increasing prices can be acceptable, depending on the demand and the capacity of the location. However, when price hikes become abusive and unreasonable, it is appropriate for the government to intervene. That said, given the current global situation, attempting to freeze prices or investigate a private company might not be the best approach.The government of that country needs to exercise caution and ensure that an investigation is warranted before taking any action. I believe that an investigation should serve to determine whether the price increases are indeed abusive.
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