Counterpoint for the general case: games also have a much larger playerbase these days and manufacturing of cartridges and components can be done at much greater economies of scale. In many cases, there is no physical media manufacturing cost to a lot of the sales.

For the specific point: Gearbox/Take2 have lost all faith from me so, while I don’t generally mind some games being in that price range, there’s zero chance pitchford and his ilk are getting that from me.