Prices are still relatively cheap over here. Like GTA V selling for $15 and CS:GO accounts selling for $4.
meh
I agree. People can just use a VPN to get the lowest regional price for a game on steam or just buy a key from a third party side which is almost the same.
they doing this maybe to increase the selling amount in the specific region because the average salary in europe and SEA is really different
in SEA ~$300 and in europe ~$1500 or even higher
Of course, steam would make a balance regarding on their pricing since country has different kind of economic state, there are rich and there are poor. If they make prices based on rich countries then it would be hard for others to cope up with the price since it's too expensive for them in that case there would be a price imbalance which is really not good. So steam make up the balance to maximize their profit worldwide.