Europe is below USA in purchasing power in part because things are more expensive here. Things like games.
There are a whole bunch of reasons: a less competitive market; less scale; complying to country-specific details - everything from translation to censorship schemes to VAT; less price sensitivity; different sales channel setup (game publishers may not want to undercut the physical sales channel by discounting Steam games so much); etc.
Comments
Europe is below USA in purchasing power in part because things are more expensive here. Things like games.
There are a whole bunch of reasons: a less competitive market; less scale; complying to country-specific details - everything from translation to censorship schemes to VAT; less price sensitivity; different sales channel setup (game publishers may not want to undercut the physical sales channel by discounting Steam games so much); etc.