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>> ADOBE SYSTEMS Latest News

MAR 22, 2013 - Yahoo! News

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Apple blames record labels, film studios for high Australian prices

By Jane Wardell SYDNEY (Reuters) - Apple Inc blamed "old-fashioned" record companies, film studios and TV networks for the inflated prices Australians pay compared with U.S. consumers for digital downloads, as it defended its pricing strategy on Friday. Executives from Apple, Adobe Systems Inc and Microsoft Inc were grilled by a special Australian parliamentary committee tasked with investigating allegations of price gouging raised by consumer watchdogs. Software and hardware products in Australia sell for an average of 50 percent more than their U.S. ...

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