All Articles Tagged "computer prices"

Toledo Businesses Accused Of Price Gouging During Water Crisis

August 5th, 2014 - By Samantha Callender
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Holy price gouging Toledo. Convenience store sells $14.99 water to poisoned city #ToledoWater

— Sarah Kendzior (@sarahkendzior) August 3, 2014

After 48 hours of not having to safe tap water, residents in Toledo were relieved to have access to clean water again. On Saturday, more than 400,000 Toledo residents were advised to not drink the tap water in the area due to high levels of algae-produced toxins that were found in the city’s water reservoir. Residents couldn’t even boil the water to try and get rid of the toxins, as the concentration levels were so high. With that, many Toledo residents and other nearby communities rushed to grocery stores and gas stations to stockpile bottled water, as city officials weren’t quite sure how long it would take to treat the algae-toxins.

Many grocers and suppliers of bottled water took advantage of the sudden demand of bottled water by increasing the price of water; raising prices by over 30 percent in some places. Residents took to social media, showing pictures of the price tags of water in the area, and requesting government intervention. After being bombarded by social media posts and gaining media attention, news outlets advised residents who were taken advantage of to write to the state’s lawmakers and politicians, asking for a refund, and also for reprimand of the stores. 

Though Ohio doesn’t have concrete legislation regarding price gouging, it is illegal to “increase the price of product already in stock based solely on current events.”  This is what many residents are saying happened during the weekend crisis.

Things got so chaotic in the city that the Ohio National Guard was called to deliver bottled water to residents and provided purification systems in order for residents to have drinkable water. Authorities in southeastern Michigan utilized their own water stations in order to help supply clean water to those affected.

After a series of chemical treatments, which included adding carbon and chlorine to water system, the advisory was lifted Monday afternoon.

Ohio Governor John Kasich said not only will a full investigation determining the exact cause of the incident be launched, but officials will also investigate the businesses involved with price gouging.

The Pocketbook Pinch: Items That Will Cost You More In 2013

January 4th, 2013 - By Ann Brown
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Each year it seems like the prices of everything goes up. Well, this year it will be a fact. According to Dealnews (via The Huffington Post), there are various items that will cost you more in 2013 — from cereal to college tuition.  Annually, Dealnews looks at items that are expected to cost consumers more in the coming year.

Here are five things that you can expect to pay more for this year:

1)      Cars: “Gas prices may be falling, but cars that run on it are getting more expensive. Earlier this year, the Obama administration issued new standards that require automakers improve fuel efficiency, and the cost of upgraded engines alone is driving up prices,” according to Dealnews. For example, A mid-size Toyota Camry will cost you  an additional $175 while 2013 Lexus CT 200h will be almost $3,000 more than last year’s model.

2)      Groceries: Because of this summer’s drought, foods such as meat, poultry, and dairy prices are all expected to rise. Why?  Drought conditions “forced farmers to reduce the size of their herds to combat higher feed costs, the price of beef and chicken is also slated to rise,” the article says.

3)      Healthcare:  HR consulting firm Aon Hewitt told the outlet says that, even with Obamacare, employee health care premiums are expected to rise an average of six percent in 2013. For more about the latest developments to the new healthcare plan, click here.

4)      Computers:  As technology gets more advanced, prices increase. Just look at Apple’s new notebooks that feature retina displays. They are among the highest-priced models on the market.

5)      Smartphones: In the past, if you signed a long-term cell phone service contact, the maker would subsidize the phone’s cost. Not so much anymore. “In 2013 T-Mobile will eliminate the subsidy and charge full price for its phones. While there’s evidence to suggest that the carrier will in turn allow users to opt for cheaper service rates (thus saving money in the long run), the pill of a full-price phone may be hard for many to swallow,” writes Dealnews.