Best Buy Apologizes For Selling $42 Packs of Water While CNBC Asks If Disaster Capitalism Is So Bad
Did you see those packs of water being sold at a Best Buy store in Houston for as much as $42 per pack? The photos went viral as an example of predatory price-gouging in the wake of Hurricane Harvey. But the company is now apologizing and saying it was all a big misunderstanding. Meanwhile, CNBC doesn’t think that disaster capitalism is such a big deal.
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