iOS app Android app

Price Gouging

Outrage of the Month: A Price-Gouging, Tax-Dodging Drug Company

Michael Carome, M.D. | Posted 09.01.2016 | Politics
Michael Carome, M.D.

Read more in Public Citizen's September Health Letter On July 13, Americans for Tax Fairness (ATF) released a report describing how drugmaker Gilead ...

Making America Pain-Free For Plutocrats And Big Pharma, But Not Vets

Ann Jones | Posted 08.25.2016 | Politics
Ann Jones

A Vietnam vet told me about a veteran of the Iraq War who, when some civilian said, "Thank you for your service," replied: "I didn't serve, I was used." In fact, there are many ways today's veterans are used, conned, and exploited by big gamers right here at home.

A Comprehensive And Fair Solution To The Price Of Medicines

Marie-Paule Kieny | Posted 06.28.2016 | Politics
Marie-Paule Kieny

After a long dry spell, the pharmaceutical research industry has brought to market a spate of innovative treatments that can extend life and often have fewer side effects than older treatments. But these medicines are not affordable to most of the people who need them.

Students Should Demand Their Colleges Produce Free Open Textbooks to End the Textbook Racket

Bernard Starr | Posted 04.12.2016 | Education
Bernard Starr

How do students cope with this financial burden? Some share textbooks with fellow students, who also can't afford them. Others borrow texts at odd times when their owners are not using them. But increasingly, students are forgoing textbooks and are relying on class notes and information they pick up from secondary sources on the internet.

An Open Letter to Martin Shkreli and Nancy Retzlaff

Erica Barnes | Posted 02.08.2016 | Politics
Erica Barnes

I wonder how long it takes Turing Pharmaceuticals to blow through $100,000. If your testimonies at the recent congressional hearing on drug pricing are correct, then I'm guessing a Christmas party or two would take care of $100,000.

Rock Band Won't Rock Because Hedge Fund Pill Guy Bankrolled Label

The Huffington Post | Arthur Delaney | Posted 09.23.2015 | Business

WASHINGTON -- Martin Shkreli has said he will lower the price of a drug used mainly by AIDS and cancer patients following outrage over his pharmaceuti...

Drug-Price Gouging Hedge Fund Guy May Be Even Worse Than You Thought, SEC Documents Show

The Huffington Post | Ryan Grim | Posted 09.23.2015 | Business

Martin Shkreli, the pharmaceutical executive who jacked up the price of a drug mainly used by cancer and HIV-AIDS patients by about 8 gazillion percen...

Turing Pharmaceuticals Did Us One Big Favor

Sarah Blahovec | Posted 09.22.2016 | Healthy Living
Sarah Blahovec

Turing Pharmaceuticals' price gouging of Daraprim may be a more extreme example of this practice, but it has caught public attention and generated outrage. Now, maybe this attention will finally give patients the solutions they deserve. Let's prioritize patients over profits.

Hillary Clinton To Unveil Plan To Fight Drug 'Price-Gouging'

Reuters | Ashley Alman | Posted 09.21.2015 | Politics

WASHINGTON, Sept 21 (Reuters) - Democratic presidential candidate Hillary Clinton will unveil a plan this week to cap monthly out-of-pocket costs for ...

Will U.S. Attorneys Stop the California Gas Gouge?

Jamie Court | Posted 05.26.2016 | Politics
Jamie Court

Gasoline in California is one buck more per gallon than it is in the rest of America, thanks to low inventories and a series of suspicious oil-refinery shutdowns that drove huge first-quarter profits for the oil companies. Are California oil refiners manipulating gasoline supplies through shutdowns to drive pump prices and profits higher?

Jillian Berman

The Dark Truth About Passover

HuffingtonPost.com | Jillian Berman | Posted 04.11.2014 | Business

Starting Monday at sundown, Jews across America will sit down to their Seders and revel in their liberation from Egyptian pharaohs thousands of years ...

Which Is It, Crude Oil Price, Features Oil Price, or Spot Price of Oil?

Emmanuel I.S. Ajuzie | Posted 04.21.2014 | Business
Emmanuel I.S. Ajuzie

Why is it that after a long period of unprecedented monetary policy initiative of $85 billion monthly expenditures to buy back government securities -- granted that it is being trimmed down -- we have not witnessed a significant economic growth and still arguing about the direction of job creation?

What Uber Can Teach Cities About Parking

Keith Williams | Posted 02.18.2014 | Business
Keith Williams

The lesson to our urban planners and politicians is obvious: figure out where supply equals demand, and charge the appropriate price for the privilege to park a car on public streets. People will pay it.

Big Pharma Could Win International Price Monopoly, Unlimited Profits in 'Free Trade' Deal

Ethan Rome | Posted 01.25.2014 | Politics
Ethan Rome

Big Pharma has a new tool to make turbo-charged profits and insulate itself from efforts to rein in skyrocketing health costs.

One Oath to Unite Us

Sarah O'Leary | Posted 11.25.2013 | Business
Sarah O'Leary

When the dedicated, expert hospital staff saves a life -- yet the survivor loses all of his assets down a fiscal rabbit hole because of wildly inflated medical bills -- how is the hospital honoring its vow?

A Government Imposed Disaster: Price Controls in the Wake of Sandy

Benjamin Powell | Posted 01.23.2014 | Politics
Benjamin Powell

When high prices are prohibited from serving their function the result is a shortage where there are more buyers than sellers. Buyers still compete with other buyers to try to get the scarce gas, but because price competition is illegal their competition takes less beneficial forms.

LOOK: People Selling Gas For HOW Much!?

The Huffington Post | Alexis Kleinman | Posted 11.05.2012 | Business

Sure, the lines are long, but is gas really worth $20 a gallon? If you take a look at Craigslist these days, you'd think so. New York and New Jers...

NY Attorney General Launches Probe Into Price Gouging Post-Sandy

Reuters | Posted 01.23.2014 | Business

NEW YORK, Nov 5 (Reuters) - New York State Attorney General Eric Schneiderman on Monday launched an investigation into post-storm price gouging afte...

Victims Of Severe Weather Accuse Hotels Of Overcharging

The Huffington Post | Khadeeja Safdar | Posted 07.03.2012 | Money

Several hotels and gas stations in New Jersey and Maryland have been accused of price gouging after a severe storm on Friday left many with damaged ho...

Car Service: 'Surge Pricing' Shouldn't Have Been A Surprise

The Huffington Post | Arin Greenwood | Posted 01.04.2012 | DC

WASHINGTON -- The CEO and co-founder the smartphone app-enabled Uber car service has a message for all those shocked by their expensive rides home on ...

Health Insurance Companies Price Gouging the US Economy

Damien Hoffman | Posted 05.25.2011 | Politics
Damien Hoffman

At the current pace, on my 54th birthday I can look forward to spending over $1 million a year on healthcare (but my bank will be broken many years earlier).

Comcast Launches "TV Everywhere": Say Goodbye to Free Online Television

Josh Silver | Posted 05.25.2011 | Media
Josh Silver

Cleverly marketed as a consumer-friendly product, TV Everywhere is really a desperate bid by old media giants to crush the emerging market for online TV.