• themeatbridge@lemmy.world
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    2 months ago

    For any free-market capitalists out there, this is called “market manipulation.” It’s the same as spoiling a product and letting it go to waste rather than selling it at the market price, or giving it away, because you’d rather keep the price artificially high. It’s part of the grift. They make more by price gouging in times where passengers are desperate than they lose by flying with empty seats. If they were to lower the price to the point where people would actually want to buy them, then the gouging would be too obvious.