Newsflash Signup

Jolt News Sponsor July 09

GAME dismisses monopoly talk

Bookmark with Social network
GAME dismisses monopoly talk

Group chief executive Lisa Morgan defiant after Gamestation acquisition

GAME’s buy-out of nearest rival Gamestation, which was confirmed on Wednesday, has got the whole industry talking about whether the super-specialist could face an investigation by the Competition Commission over its dominance of the sector.

But GAME group chief executive Lisa Morgan has told MCV that the retailer is confident that the deal is all above board.

“Blockbuster would not accept an offer that had any potential conditions attached to it,” she said. “The deal will be subject to a regulatory review process and that will be an ongoing process during the first ten weeks. We have taken considerable advice in this area and we are confident and comfortable to proceed.”

Morgan also moved to calm fears that the deal would lead to widespread store closures.

“We are looking forward to putting new GAME and Gamestation stores into the market. This transaction is not about store closures – this is about bringing a second brand into the fold and serving more customers.”

Advertisement

Koch

fprwbmdvt auzjp

posted by qtra dulgj Jul 23, 2007 at 1:39 am
1
qtra dulgj

zykecofun btnuvy ljeacrmo sbmkvdeqn wtvqo qrgwn ysgdz

  • + 0 
  • - 0 
  • 0

Leave a Comment

Captcha
Jolt News Sponsor July 09
MCV

ABOUT US

MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets

Intent media, Company number 03641099