November 27, 2006

Oklahomans Paying too Much for HDTVs

Here's an unbelievable article at Oklahoman.net:

The only thing that stopped Wilson resident Randie Case from getting a good deal on a 52-inch widescreen TV Friday morning was the state of Oklahoma.

Case's dreams of getting the RCA high-definition TV for $474 at Wal-Mart were dashed by Oklahoma's 1949 Unfair Sales Act.

The act prohibits retailers from selling merchandise below cost, requiring a 6 percent markup on items.

Case said she saw the ad for the early bird sale on TV and online.

The article also states:

Oklahoma was one of five states where the slashed price of the RCA widescreen — along with a handful of other Wal-Mart deals — was prohibited.

Wow! Maybe it's time to update a few state laws!

At Oklahoman.net

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Posted by William Hungerford at November 27, 2006 8:43 AM
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