Black-marketing a Crime.

black-marketing

Black marketing is the illegal trade of goods and services with the intention to evade the lawful requirements of such trade. Two such common tactics used are to increase the price beyond the controlled price or lower the price below the normal to evade taxation issues.

A citizen who does black-marketing commits, I think, a greater crime… These black – marketers are really knowing, intelligent and ordinarily responsible people, and when they indulge in black marketing, I think they ought to be very severely punished because they undermine the entire system of control and regulation of ….essential commodities, and cause….starvation and want and even death.

Address, Constituent Assembly of Pakistan, Karachi, 11 August 1947