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Australia: Despite tech pricing probe, reform unlikely

By  |  March 10, 2014

Despite last year’s final report on technology gadget pricing in Australia that called for an investigation into the industry’s state of competition, reports say the planned probe is unlikely to lead to any reforms.

The government confirmed plans to probe tech prices eight months after the parliamentary report was released. The report was part of efforts that questioned multinational technology giants, including Apple and Microsoft, as to why some services and products were more expensive in Australia than in the US.

That report called for competition and copyright reforms aimed at lowering costs for companies importing products from overseas.

Now, while federal officials said they will launch a formal investigation into the matter, some industry experts say consumers should be wary about expecting any price decreases due to the political climate surrounding trade with Australia.

Full Content: Financial Review

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