High IT prices in Australia has lead to an inquiry, hopefully going to lower prices.

[Animosus]

[QUOTE]Living in Australia can often mean paying up to 88 per cent more for some of the most common IT products.

The inequity led a parliamentary inquiry to take the unusual step last month of forcing some of world's biggest IT companies to front up and explain the price hikes.[/QUOTE]

[URL="http://www.abc.net.au/news/2013-04-12/it-price-gouging-inquiry-may-lower-prices/4624376"]Source[/URL]

It baffles me, and quite a lot of other Australian's out there. Yes we might have a high minimum wage. Why does this make it so that we have to pay a higher price for the same goods?

Edit:
Couldn't see this posted in the past few pages.

[MasterFen007]

Good.

[Snek]

Is an inquiry really neccesary to explain the fact that companies charge more because people are willing to pay more?

[Van-man]

[QUOTE=fishyfish777;40263885]Is an inquiry really neccesary to explain the fact that companies charge more because [I]people are willing to pay more?[/I][/QUOTE]

More like [I]"[/I][B]FORCED[/B][I] to pay more"[/I].

[JennyC6]

Good, good. Ideally they'll peg IT prices to the rest of the world's. IE, if we pay $49.99USD in America for a game an Aussie would pay $46.70AUD for the same game.

It's only fair. Digital distrobution makes it nearly free to 'ship' to Austrailia, there's no logical reason to charge so much more.

[zakededodead]

[QUOTE=fishyfish777;40263885]Is an inquiry really neccesary to explain the fact that companies charge more because people are willing to pay more?[/QUOTE]

[url]http://en.wikipedia.org/wiki/Price_fixing[/url]

[ashxu]

[QUOTE=fishyfish777;40263885]Is an inquiry really neccesary to explain the fact that companies charge more because people are willing to pay more?[/QUOTE]
yeah man, I'm totally willing to pay more for products that are overpriced for no reason.

[url]http://www.steamprices.com/au/topripoffs[/url]

[fruxodaily]

The inquiry started ages ago?