Apple and Microsoft called to testify before Australian Parliament in pricing investigation

Apple Earnings Money Cash (1020)

Members of the Australian Parliament have been looking into whether residents of the country pay an unfair premium on electronics and related services since last year, and now two of the biggest names in technology have been called to testify on the issue. The Standing Committee on Infrastructure and Communications in Australia’s House of Representatives released a memo today stating that it had called Apple, Microsoft, and Adobe to speak at a public hearing on March 22rd. Apple reportedly provided testimony on the matter in a private hearing last year, while Microsoft provided a written statement during the same timeframe pointing to regulations, supply chain costs, and the “relatively high cost of labor and rent” as reasons for the…

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