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we've already got region dvds which means that the studios can make more money and control when films are released in each country
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Presumably it isn't illegal to use a multi-region capable DVD player (like mine)? I remember Tesco selling them a couple of years back with a sheet explaining how to do it.
Although the EU have a directive on it, that hasn't stopped Spain and Italy declaring mod chips legal - it's still down to the individual country's courts to decide on each case.