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Fill-in-the-Blank Article About Price-Gouging Laws by Art Carden

As surely as summer follows spring, natural disasters are followed by saber rattling about "price gouging," which is usually defined very lucidly and clearly as an "unconscionable" increase in the price of a necessity. These tend to follow a formula, so I thought that instead of writing a new article discussing the unintended consequences of every price-gouging law that goes into effect after a natural disaster, it would be useful to write a universal, fill-in-the-blank article discussing the economics of price-gouging laws. Whenever there is a natural disaster, you can just fill in the relevant blanks for a complete analysis of the economics of the situation.]

Rumor Says Xbox 360 Getting Another Price Cut in September

The Xbox 360 "price cut" in July wasn't so much a price cut as it was a swapping of parts, but Ars says there's an actual price cut coming in September. According to their source—who also told them about the impending 60GB switch-out prior to E3—the Arcade is dropping to $199, the 60GB Pro to $299, and the 120GB Elite to $399. So say we all. [Ars Technica]

Is the Xbox 360 price cut enough to go after the Wii?

With the new Xbox 360 price cut official what does this actually mean for gamers? Just like the discussion we did with Sony's PS3 price cuts and hardware refresh, we like to play devils advocate again and discuss the flip side of the coin and what a price cut actually translates to gamers.

Ubisoft's "the Price is Right" Video Game in Stores Now

SAN FRANCISCO --(Business Wire)-- Today Ubisoft announced that The Price Is Right(TM) for the Wii(TM) home video game system from Nintendo, the Nintendo DS(TM) system, PC and Mac(R) has shipped to retailers nationwide. Developed by Ludia and FremantleMedia Enterprises (FME), THE PRICE IS RIGHT video game is based on the longest running game show in television history, now in its 35th season. Like the contestants on the game show, players will be able to bid on products, play the famous pricing games and spin the Big Wheel for the chance to win prizes in the Showcase Showdown. THE PRICE IS RIGHT is rated "E" for everyone and has an MSRP of $39.99 for Wii, $29.99 for Nintendo DS, and $19.99 for the PC and Mac.

Alone in the Dark may debut with budget price

PS3 Fanboy writes: "The long-delayed PS3 version of Alone in the Dark looks to be coming with enhancements ... and a price cut? A Gamestop listing shows Atari's survival horror game with a very nice price of $30. Of course, considering the overwhelmingly negative critical reviews it received when it debuted on Xbox 360, a lower price may still not justify a purchase."

Price of loans increase. . The price of personal loans has increased, in the...

The price of personal loans has increased, in the effort of the crackdown in the selling of payment protection insurance (PPI).

Top Tips for selecting open source software

BANGALORE, INDIA: Performance and reliability are the principal criteria for selecting software. In most procurement exercises however, price is also a determining factor when comparing quotes from multiple vendors. Price comparisons do have a role, but usually not in terms of a simple comparison of purchase prices. Rather, price issues tend to arise when comparing total cost of ownership (TCO), which includes both the purchase price and ongoing costs for support (and licence renewal) over the real life span of the product.

Xbox 360 Arcade Will Drop To $199.99 On September 7th?

The battle for market share amongst the current generation of consoles is heating up, with the PS3 selling considerably better than it did at launch and the Wii and Xbox 360 still selling strongly. One of the biggest reasons Nintendo's console has gained such a big chunk of the market is that low price point. MS has been closing the gap in this regard and looks to go one step further with a possible price drop for the Arcade model (without a HDD) in early September. That would make the sub $200 Arcade the cheapest available console, with MS stating in the past that $199.99 is the sweet spot for console sales. Whether Microsoft will be making a profit at that price is hard to say (revisions to the console have brought production costs down, but maybe not that considerably), as is whether that price would last if introduced.

FIFA 09 price slash this weekend

The price war continues between retail stores yet again. EA's FIFA 09 is set to have a price slash this weekend.

XBOX Price SLASH!

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XBOX Price SLASH!

Gaming Fan? The Popular gaming system has a new Price Tag! Starting at 199.99. Article Here View the website for everything Click for the lowest price on dmnobieblankXbox');" onMouseOut="setTimeout('hideLayer()',500);" class=hotlink2>XBOX

XBOX Price SLASH!

Gaming Fan? The Popular gaming system has a new Price Tag! Starting at 199.99. Article Here View the website for everything Click for the lowest price on dmnobieblankXbox');" onMouseOut="setTimeout('hideLayer()',500);" class=hotlink2>XBOX

XBOX Price SLASH!

Gaming Fan? The Popular gaming system has a new Price Tag! Starting at 199.99. Article Here View the website for everything Click for the lowest price on dmnobieblankXbox');" onMouseOut="setTimeout('hideLayer()',500);" class=hotlink2>XBOX

XBOX Price SLASH!

Gaming Fan? The Popular gaming system has a new Price Tag! Starting at 199.99. Article Here View the website for everything Click for the lowest price on dmnobieblankXbox');" onMouseOut="setTimeout('hideLayer()',500);" class=hotlink2>XBOX

XBOX Price SLASH!

Gaming Fan? The Popular gaming system has a new Price Tag! Starting at 199.99. Article Here View the website for everything Click for the lowest price on dmnobieblankXbox');" onMouseOut="setTimeout('hideLayer()',500);" class=hotlink2>XBOX

High Price Tag Of iPhone Fails To Attract Customers

The Apple iPhone had been eagerly awaited to be launched and when finally it High Price Tag Of iPhone Fails To Attract Customers was launched, the customers took a back due to its heavy price tag.

Ebay to cut fixed-price seller listing fees

is cutting fixed-price seller listing fees, according to press reports. EBay will now charge 35 cents to list any number of the same types of fixed-price items. End of Story

No PS3 price cut for Leipzig

With Games Convention 2008 looming over Germany, rumours abound that Sony could cut the price of the PlayStation 3 console. Sony are the only platform holder undertaking a full press conference in Leipzig, however the firm deny any price cut plans.

No iPhone Price War In India; No Visual Voicemail Or iTunes For Singapore iPhone Buyers

For two brief days, Indian iPhone fans held out hope that they might be able to get the gadget for less than the $715 price tag that Vodafone (NYSE: VOD) India put on the 8 gigabyte model, and $830 for the 16 gigabyte one. But there will be no price war, as Bharti Airtel, the other Indian carrier to sell the iPhone, released its prices today, matching Vodafone’s. As pointed out earlier, this is big money even for a professional Indian IT worker whose average salary ranges from $12,000 to $24,000. Remember, too, that there is no 3G service yet in India and the phone, the paper believes, will be locked to either the Vodafone or Airtel network.

Sony Not Planning PS3 Price Cut for Leipzig, Spokesperson Says

Those hoping for a PS3 price cut in the near future better not hold their breaths. A Sony spokesperson confirmed on Friday that the company had no plans right now to give you another deal on the machine, and anyone hoping for that kind of news at Leipzig will be sorely disappointed. Given that they slashed the price less than a year ago, this shouldn't be too surprising. Though PS3 sales are still trailing behind the Wii, it's relatively recent discount put it neck to neck for second place with the cheaper Xbox 360. [Reuters]

Sony Cuts Price on Fancy S550 Blu-ray Player (Still No Dealzmodo)

Yesterday Sony dropped the $400 BDP-S350 Blu-ray player to $300, a fair line to cross. Today Sony made the next logical step, dropping its $500 BDP-S550 to $400. It's a sizeable price decrease, and it comes well before Thanksgiving, indicating that there could easily be another sweet drop. I'm still more of a fan of the S350, though, now that both are BD-Live capable. That extra $100 for the S550 only gets you a 1GB Memory Vault ($12.99 on Amazon), a 7.1-analog output, DTS-Master Audio decoding and a light-up remote. Oh, and the product itself won't ship until the end of October when, who knows, another price cut may hit. [SonyStyle]

Microsoft expected to slash Xbox price in Japan

TOKYO: Microsoft is expected to slash the price of its Xbox 360 game console in Japan by about 30 percent, below the price of Nintendo's Wii and Sony's PlayStation 3 as it tries to increase its market share, a newspaper reported Monday.

Microsoft To Cut 'Xbox 360' Price By Next Month

Sources have announced that Microsoft has decided to cut the price of the Microsoft To Cut ‘Xbox 360’ Price By Next MonthXbox 360 by next month.

Microsoft Xbox 360 price cuts could be on horizon

After recently cutting the cost of its Xbox 360 game console during the Electronic Entertainment Expo (E3) last month, Microsoft may again launch a fresh wave of price cuts prior to the holiday shopping rush.If true, the Xbox 360 Arcade model would be priced at $199, a price down from $249; making...read more...

Xbox 360 Peripherals See Australian Price Cut

According to GameSpot, the wireless racing wheel sees the largest price cut, falling from $199.95 to $149.95, while the price of the 120GB HDD has been lowered from $229.95 to $199.95.

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