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access_time July 29, 2013 at 12:51 PM in News by othersiders

Australians are being charged a high price for IT products, including video games

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The House of Representatives Infrastructure and Communications Committee has revealed today after several investigations that Australian customers are paying significantly more than normal for IT products, including softwares, games and pretty much everything within this area.

“The committee found that big IT companies and copyright holders charge Australians, on average, an extra 50 per cent, a practice consumers call the ‘Australia Tax’”, said committee chair Nick Champion.

“While companies should remain free to set their own prices, the committee took the view that there are a number of ways in which Australia can act to increase competition in IT markets, which should reduce prices over time.”

The only solution they found is competition. Based on this, every retailer will be forced to lower its prices in order to succeed on the market.

Source: Official report

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