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Originally Posted by Hansel
stevem, you gotta be kidding me; charging extortionate prices just because the market has no choice but to pay (this time) does definitely not make this a "good" business practice.
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And this is the only instance in the world where businesses take advantage of a situation!!!
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Originally Posted by Hansel
Example would be the extortionate leases and rents of the bars in Soi Bangla; bar owners will have to pay or close, but I would not think it a "good" business practice because in the long run it will destroy the whole marketplace (eg it gets passed on to the customer in the drinks prices).
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You dont have to tell me about the ridiculous rents and leases, been there done that for far too long.