Examples of Sharking Misuses in the Practice of the Court of Justice of Szeged
Examples of Sharking Misuses in the Practice of the Court of Justice of Szeged

Summary/Abstract: During the period after World War I, the state's interference in the relations of Civil Law and economic procedures was extremely limited. The commonly accepted understanding was that the price of the different commodities was regulated by the effect of demand and supply. Any intervening could only be temporary and in cases if a catastrophic circumstance occurred. As opposed to this, if these processes were so severe, that they affected the economic life due to their longitude and magnitude, then the need for regulation arose. The same thing occurred after World War I, which had a long-lasting effect on Civil Law, especially if we take the economic separation and the changes in the production and consumption processes into account. All of these made the appropriate regulation of the matter of prices a necessity. It can be assessed that the state proved to be extremely strict when it came to sharking profiteering cases in the economic life. The war and the following economic relations upstaged the individual needs. To protect the consumers, several actions deemed to be punishable, if certain ploys resulted in unfair profiteering incompatible with contemporary economic morals.

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