👉 Overcharging is a situation where a customer pays more than what they should for an item or service. This can happen when a retailer, supplier, or other entity provides goods or services at a higher price than it would be fair to charge in the market. This practice can result in financial losses for both customers and retailers as well as damage to the reputation of the business. Overcharging is often considered unethical by consumers and can cause significant harm to businesses that rely on customer loyalty and trust. It also