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Reply to "JULY 15th, 2021 - LIONEL PURCHASE OF MTH TOOLING ... PLEASE READ!"

Price gouging as a term generally implies to things you need to live. A gas station when there is a natural disaster charging 10 bucks a gallon is going to be charged with price gouging. A good store that charges 5 bucks for an apple when it usually sells for 2 bucks a pound when there is an emergency would also be charged.  Unless a price is regulated (ie there is a price cap), you can charge what you want for non critical goods (and that of course becomes problematic; food, water, fuel is pretty easy, but is a snow shovel when a blizzard is coming critical enough?). I doubt anyone would be charged with price gouging for an o gauge locomotive or something.

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