highway robbery

noun
1.
robbery committed on a highway against travelers, as by a highwayman.
2.
Informal. a price or fee that is unreasonably high; exorbitant charge.

Origin:
1770–80

highway robber, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
highway robbery
 
n
informal blatant overcharging

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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American Heritage
Idioms & Phrases

highway robbery

The exaction of an exorbitantly high price or fee. For example, You paid ten dollars for that meat? That's highway robbery. This term, used figuratively since the late 1800s, alludes to literal robbery of travelers on or near a public road.

The American Heritage® Dictionary of Idioms by Christine Ammer.
Copyright © 1997. Published by Houghton Mifflin.
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Example sentences
There have been reports of highway robbery, including carjacking, by armed
  bandits outside urban areas.
Military tribunals also have jurisdiction over gang crimes, banditry, and
  highway robbery.
Purely the customer feels it is highway robbery to absorb such horrendous price
  increases for the same service.
It's time to end the highway robbery due to the lack of compliance to determine
  the true safety value of the posted limit.
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