Linked by Thom Holwerda on Fri 22nd Mar 2013 09:56 UTC
In the News If you don't live in the US, this is a pretty common source of irritation: US companies charging crazy markups on products sold in Europe, Asia, Australia, South America, and the rest of the world. The Australian government has had enough of this practice, and started an inquiry into the matter. Yesterday (or today? Timezones confuse me) Apple, Microsoft, and Adobe had to answer questions in a public hearing.
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Lumping Apple in with the other two is doing your readers a disservice. Apple thoroughly explained the relatively small markup on hardware. They attributed the exorbitant markup on media as in the hands of the studios, said they'd like it to be lower, and pointed to the fact that the same is true of media in any format.

These governments also aren't helping themselves by targeting the most successful companies rather than the worst perpetrators either. Some of these politicians whinging that Apple should make the studios change are clueless buffoons talking to the wrong company.

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