legislation on war profiteering

Legislation on war profiteering aims to prevent individuals or companies from unfairly enriching themselves during times of war by overcharging for goods and services needed by the military. Such laws often impose strict penalties on those who exploit conflicts for personal gain, ensuring transparency and fairness in government contracts. They may require detailed audits, limit profit margins, or establish oversight bodies to detect and deter unethical practices. Overall, these regulations protect public funds, maintain ethical standards, and support fair competition in wartime commerce.