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Gamestation investigation to cost GAME £4.5m

High street retailer GAME has forecast that it will lose 4.5 million ‘complying’ with the Competition Commission’s inquiry into its acquisition of Gamestation. The firm revealed the news today in its interim results for the six months ended July 31st, 2007, in which it also reported that it had already …

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Gamestation reveals new store opening drive

The GAME-owned specialist retailer revealed the details at its annual conference, Gamefest. We will be opening a dozen or so stores pre-Christmas and this will include Hull, which will be the second largest games store in the UK,” said Gamestation commercial director Martyn Gibbs. Our key messages at Gamefest are …

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Gamestation reveals new store opening drive

The GAME-owned specialist retailer revealed the details at its annual conference, Gamefest. We will be opening a dozen or so stores pre-Christmas and this will include Hull, which will be the second largest games store in the UK,” said Gamestation commercial director Martyn Gibbs. Our key messages at Gamefest are …

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Competition Commission reveals initial findings on Gamestation deal

A new ‘statement of issues’ on the Competition Commission’s website reveals four ‘theories of harm’ and six ways in which the recent acquisition could create a substantial lessening of competition. The four hypothetical ‘theories of harm’ are stated as: (a) An increase in the market power of the merged entity …

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GameStop in for Gamestation after competition enquiry?

After the Office of Fair Trading referred GAME’s 74 million deal for bitter rival Gamestation to the Competition Commission, GameStop has re-emerged as a potential player in the UK. It is a completed deal, so ultimately we can turn around and reverse the whole thing,” said Competition Commission spokesperson Rory …

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