Re:EU Paramount/Sky ruling may end geoblocking within Europe
by CaptSpify on Tuesday July 26, 2016 @12:13PM
(#12166644)
Because people will eventually start to get it for the lower price. The global economy isn't some far off concept, it's already here, we just haven't adjusted our economic model to fit with that fact yet. Digital goods aren't like physical goods where you need to charge more because of local pricing, we've just arbitrarily made it that way. Eventually it will even out.
A global economy sounds good, but the problem is that media content is not like most products in the sense that there's no real competition; each studio has a monopoly on its films. Coupled with high wage disparities inside the EU (e.g. minimum wage in Germany: 1470€, Bulgaria: 184€), it simply doesn't work like a regular market.