Regulators Approve EB/Gamestop Merger

Gamasutra is reporting that the U.S. SEC has approved the merger of Gamestop and EBGames, which was proposed earlier this year. From the article: "If completed, the merger between GameStop and EB would create a single company representing 20 to 30 percent of the overall market for video game products in the United States, and practically the entire market for used games. It's currently unknown whether EB and GameStop stores would keep their current monikers, or unite under one central name for branding purposes."

Comments

bad deal on used games...

[beowulfy]

I just have to say here that I hate how little these stores give you in store credit for good used games. You can sell them back any popular, good condition game for store credit, and they will give you about 5 bucks for it. Then they turn around and sell the used game for $45, only $5 off the retail price. So they screw you at both ends. I wouldn't mind if they charged this much for the used games if they gave you a more fair trade in value and vice verca. I stopped shopping there years ago because I didn't like supporting such a greedy company.