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IT pricing inquiry - News, Features, and Slideshows
A Senate inquiry has recommended against passing a bill that would bar Australia from entering into trade agreements that include so-called 'investor-state dispute settlement' clauses.
A class of provisions in free trade agreements that allow foreign investors to take legal action over government decisions they consider detrimental to their interests could hamper future action on excessive pricing of IT products in Australia, an ANU academic has warned.
The parliamentary committee analysing why prices for IT goods are higher in Australia than other countries has chosen not to rein in the vendors that set the prices.
Software specialist Filipa Preston has weighed in on the IT pricing debate, saying although prices are in most instances too high, many of the figures quoted during last week’s parliamentary inquiry were “not representative of the reality.”
The IT pricing inquiry committee will take up Apple boss Tony King’s suggestion of approaching record labels to discuss the issue of Australians paying higher prices for digital music.