This is crazy. For one, does anyone know who actually set the price? Does anyone know the reasons why that person/company set that price?
No, it is not crazy.
The only crazy thing is the European "anti-trust" laws and various other "consumer protection" laws.
This is like Europe "forcing" Microsoft to sell a windows xp version without the media player --- a completely useless legal exercise. How many units of that crippled xp version were sold? A few hundred.