Is it unreasonable to expect telco gouging to be stopped?

Verizon gouging victimA colleague, knowing that I had recently fallen foul of yet another telco for thousands of dollars of “excess usage charges”, sent me this link, presumably thinking it might make me feel better.

Instead, it prompted me to recall that this is the fourth time a telco (a different one each time) has gouged, or attempted to, gouge me.

I am unable to use the services of one large Australian Telco because, even though they do not attempt to collect it, they retain a record of a debt in their system. So, if I attempt to sign up for a new service, they accept my application subject to the payment of an eight year old $14,000 debt.

Another luckily collapsed under the weight of its rich and powerful promoters while suing me for thousands in excess usage.

Yet another continued to charge me $500 per month for services which were available from other vendors, and to their new customers, for about $90 per month. In this case I was an early adopter of a new service and ended up paying several thousand dollars more than the provider charged later signups for the same service. They hid behind their “contract” to insist on payment. Continue reading

Storm in a Teacup?

I know it is just a game, and I know I have more important things to do than post this blog entry. But, I can’t help wondering what it is that I am missing about the ginormous kerfuffle encompassing Victoria and the NRL.

According to the official Storm website there are 36 players on the NRL squad. In the absence of any better information I will assume that this number is not unusual. So, what is the magnitude and significance of the overpayments?

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Beware of bidpax.com

AcornWorkflow-2009.12.16 22.17.08A few weeks ago Facebook carried an advertising campaign for a business called BidPax, a so-called penny auction site. Briefly, you pay BidPax for bids to be placed on their auctions. Each bid costs about $.70. When an auction starts, bidders use their pre-purchased bids. Each bid placed increases the price of the item being sold by one cent and adds 10 seconds to the duration of the auction.

Obviously, anyone who wins such an auction appears to get the item at a huge discount — provided they are prepared to forget that each one cent bid cost $.72. However, even allowing for this, the history of auctions on BidPax suggests that the winning bidder is indeed saving huge sums when compared with the recommended retail price of the items won.

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