This is grossly unfair. The price of games has actually grossly come down. It's been 60 bucks for over a decade. Hell, I remember 60 bucks N64 games. After inflation, that's a serious price drop (15 to 20 percent since early 2000s).

Then we have consolidation in the videogame industry. Big firms buy up little firms. You used to have a bunch of small firms that would constantly go under with failed launch titles. We remember the companies that launched successive great games, but that's like flipping a coin over and over. You'll get streaks of many heads in a row, but you'll also see tons of tails. That's like the game industry. Many companies flop without a hit, other companies get a hot streak. Either way, these companies were always on a knifes edge. You needed a hit to survive.

Now we have gaming companies that are covering developing cost of all the games that never get released, and of those that get released, the cost of those that don't break even. This is why you have staples like COD or assassins creed every year. It lowers the risk and uncertainty of the industry. These will be cash cows, so if they release a new IP (watch dogs, for example), and it doesn't hit the financial targets, that doesn't pull down the whole company.

In short, not only are games cheaper than ever, the price is entirely justified.