Corporate greed

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Corporate greed, or simply greed, is a modern phenomenon in which corporations pursue goals for profit and shareholder-value without valuing customer thoughts and consumer rights.

Common Tactics Used to Increase Profits:

1. A company simply increasing the prices on products & Subscription service's alike for no apparent reason. (Also known as "Price Gouging")
2. Using targeted/personalized ads in order to gain more data on someone, only to sell that data to more advertisers & third-party websites.
3. Purposefully decreasing the quality of some products to save money and/or to encourage consumers to buy newer & more powerful items to replace the older ones. (Also known as "Planned obsolescence")
4. Decreasing the average wages of some or all types of employees.
5. Retroactively restricting access to features on items that you've already bought/paid for to push you into giving more money to use previously freely accessible features (more commonly known as a "Paywall" or "Digital lock").
6. Decreasing the sizes of products while keeping the prices the same(Also known as "Shrinkflation", and It's more common in supermarkets & retail stores).
7. Implementation of False advertising or Bait-and-switch tactics in a company's commercials to bring in more customers.

See also

• Buy now, pay later
• Financial censorship