Jump to content

Corporate greed

From Consumer Rights Wiki
Revision as of 00:58, 2 February 2026 by H0l0 (talk | contribs) (Minor Grammar improvement: Tactic 5. "to" -> "into", "give" -> "giving")

Article Status Notice: This Article is a stub


This article is underdeveloped, and needs additional work to meet the wiki's Content Guidelines and be in line with our Mission Statement for comprehensive coverage of consumer protection issues. Learn more ▼

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. [1]

Common Tactics Used to Increase Profits:

  1. A company simply increasing the prices on products & subscription based services alike for no apparent reason.
  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. Implementation of false advertising or Bait & switch tactics in a company's commercials to bring in more customers.[citation needed - Citation is needed for all 6 tactics listed above & to the left. (January 19, 2026)]

See also

References