ACCC weighs in on IT pricing

IT vendors, already under attack for stonewalling the Australian government’s IT pricing inquiry, have received a blunt warning from the ACCC: don’t lie about why your products are expensive in Australia.

Speaking to the Australian Financial Review, Australian Competition and Consumer Commission chair Rod Sims says the watchdog is already looking into vendors’ claims that the “Aussie tax” is due to the country’s 10 percent GST, high wages or transport costs.

It’s a move that will probably jolt the vendors far more than the parliamentary inquiry. There’s no practical way to legislate price parity across international markets — but the ACCC has considerable powers to crack down on companies that mislead the public (without needing any new legislation).

Sims told the AFR that while the usual bleating complaints from vendors might account for a 30 percent price differential, if the price difference is 300 percent, then it’s a different matter — via redwolf.newsvine.com

Share this Story
Load More Related Articles
Load More By Red Wolf
Load More In Rights

Leave a Reply

Your email address will not be published. Required fields are marked *

Photos from Flickr