Not sure which side of the fence you're getting at, but speaking of that, it was kinda long over due:
"Is $70 unfairly high? The U.S. Bureau of Labor Statistics says that $59.99 in January 2005, when adjusted for inflation, is the same as $81.15 in January 2020. So, by that measure, $79.99 doesn’t seem unfair on its face. A cynic might say that console gamers are actually getting a deal."
Theres two sides to this coin. The tools used in the game development industry have gotten so good and making games has gotten much easier compared to 15-20 years ago. Obviously triple A games still command exorbanant prices (whether or not the cost is justified is a separate discussion), but for most releases and indie games I do not believe a $60 price tag is justified even accounting for inflation.
In my opinion the price of a game should be set on a per-game basis like a lot of indie games are priced digitally.