Australia's Congressional IT Pricing Committee Calls for Consumer Protection and Policy Change
Frustrated at the report released by the Parlimentary IT Committee that conducted the recently concluded pricing inquiry, Australian consumers have found themselves on the same page with the congressional committee in its move to call for strengthened consumer protection and policy change.
Led by South Australian Labor MP Nick Champion, the IT pricing committee from the House of Representatives presented the pricing inquiry that began in 2012, and the report made a shocking revelation that Aussie taxpayers are paying twice the price on tech goods as their American counterparts. The report found out that Australian consumers paid 50-100 per cent more than what the U.S. buyers are paying for computers, notebooks, operating systems, software and games.
The result of the pricing inquiry that began in 2012, prompted the committee and various groups to call for the review of the Competition and Consumer Act 2010. The committee noted that the 50 per cent additional expenses is apparently part of the consumption practices Aussies refer to as the Australia Tax. Interest groups are calling for the review of the standing policies currently implemented in Australia.
The report recommends a review of a section of the Competition and Consumer Act 2010, even calling for its repeal. It also calls for the parliament to lift the parallel importing restrictions under the copyright law. These policy changes, when adapted, the IT pricing committee believes can put Australian consumers to spend on tech products on a par with their counterparts in other First World countries, including the U.S.
It will be recalled that the long-awaited report had created quite a stir in the IT sector when the committee required big companies such as Adobe, Apple and Microsoft to come out and shed light on their respective pricing policies being implemented in Australia.
The report findings are expected to get tech consumers talking and raise their plights on the high prices they have been paying for on tech goods.
"Evidence presented to this inquiry left little doubt about the extent and depth of concern about IT pricing in Australia. Consumers are clearly perplexed, frustrated and angered by the experience of paying higher prices for IT products than consumers in comparable countries,” the report added, according to The Australian.
These findings are based on 133 submissions and 15 supplementary submissions from angry consumers who worked with the parliamentary personnel to complete the report by providing detailed accounts of their consuming behavior and experiences paying for tech goods at jacked-up prices.
A more comprehensive outline of the recommendations made by the parliamentary committee can be found here.
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