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I remember a particular court battle here in Australia, where Sony was sent packing from court over the ability for mod chips that allowed playing DVD's and games from other regions on Playstations. That decision flowed over to DVD players as well. Within a couple of years almost all DVD players were region free, eventually including Sony players as well.
The ACCC (Australian Competition and Consumer Commission) stepped in on the side of the mod chippers as their belief was that region locking was anti-competitive and hence illegal in Australia.
Sony had badly miscalculated what the legal system was going to rule.
Geographic Restrictions are no different. They are anti-competitive and only serve to disadvantage consumers.
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