The United States Capitalist economy operates (in theory) under the laissez–faire doctrine. The doctrine allows for businesses to operate with very little government interference. This is the case except when it comes to keeping business practices fair, an example would be preventing a monopoly. As of late there have been concerns about "greedy" corporations gouging the consumer, but can you claim an entity is making too much money when their entire reason for existing is to make money? I struggle with this, but at the end, I realize the consumer sets the price of products contrary to popular belief. Nothing will change a company's pricing policy more than a refusal of the consumer to buy the product. Companies charge what the market will bare, it is simple economics. It would be un-American for the courts to step in a create legislation to set prices of goods and services. That will create a precedence and a slippery slope to a communist government (slight exaggeration but stay with me).
In closing, there can be no fault upon a business for doing what is was created to do and that is make money and make it with the largest profit margin that the economy will bare. Personally, I would hate to create a business and the government steps in to say "oh wait, you are making too much decrease your prices." There would be outrage!
In closing, there can be no fault upon a business for doing what is was created to do and that is make money and make it with the largest profit margin that the economy will bare. Personally, I would hate to create a business and the government steps in to say "oh wait, you are making too much decrease your prices." There would be outrage!