3 ms·
Taxes and regulations.
by z92 13y ago
Taxes and regulations.
- Anderkent 13y agoThat cause a 60% price increase? That's hard to believe. (1 gbp = 1.64 usd according to google)
- mbesto 13y agoYou're forgetting VAT (20% in GB) is included in the price in GB/EU.
- Anderkent 13y agoI didn't - so I wouldn't be surprised by a 20-30% difference. This is double that.
- icelancer 13y agoImport taxes are huge; protectionism at its finest.
- snogglethorpe 13y agoAlso simply that the UK is a smaller market with less competition, and UK consumers are largely used to being charged at these levels (I lived in the UK in the early '90s, and the "$ = £ for imported tech goods" equation was exactly the same then). Importers are going to charge as much as they can until people stop buying, and apparently, people aren't. I think this is particularly the case for specialized niche equipment, as it tends to be bought only by those who really need/want it, so demand tends to be relatively price-inelastic...