When Does Profit Turn To Profiteering?
Dr Ong Tze Chin, Senior Lecturer, Faculty of Law, Universiti Malaya
17-Jun-22 17:00
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A cinema branch was fined RM 45,000 by the Ayer Keroh sessions court for profiteering, after being found to have overcharged customers for F&B sold at their concession stand. We speak to senior lecturer of law, Dr. Ong Tze Chin to understand how profit crosses the line into profiteering.
Image Source: Din Mohd Yaman, Shutterstock
Produced by: Natasha Fusil
Presented by: Lee Chwi Lynn, Sharmilla Ganesan
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Categories: food, controversies
Tags: consumer protection, profiteering, business, ethics, cinemas,