Antiprofiteering

/ˌæntɪprɒfɪˈtɪərɪŋ/ noun

Definition

Action, legislation, or policy designed to prevent or stop profiteering, which is the practice of making excessive profits especially during emergencies or crises.

Etymology

From anti- (against) + profiteering (excessive profit-making). Profiteering gained negative connotations during WWI when merchants raised prices drastically; antiprofiteering emerged as both a policy concept and political movement.

Kelly Says

During COVID-19, governments used antiprofiteering laws to prevent companies from raising prices on essential items like masks and ventilators—it's a word that appears exactly when markets threaten human survival.

Related Words

Explore More Words

Get the Word Orb API

Complete word intelligence in one call. Free tier — 50 lookups/day.