Can't think of the word- plz help

Soldato
Joined
8 Aug 2004
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Location
Shropshire
I'm looking for a word or phrase that means something like putting a price on or taking advantage of a human necessity. For example if the government started charging people for air.

Any ideas?
 
I'd use exploitation if it's charging people for something where there are no alternatives, profiteering if they're charging high prices knowing that there were few options.

There may also be an element of a captive market in what you're describing e.g. an out of town cinema with nothing around it charging extortionate prices for popcorn. Actually extortion may also cover some elements of what you're aiming at.
 
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