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Forums - Gaming - GameStop up as Microsoft clarifies Xbox One policy

SAN FRANCISCO (MarketWatch) -- Shares of GameStop Corp. GME +6.15%  jumped nearly 7% to $37 on Friday morning after Microsoft clarified its policies surrounding used videogames on the Xbox One console. In a blog post, Microsoft said "we designed Xbox One so game publishers can enable you to trade in your games at participating retailers," adding that it would not charge a "platform fee" for enabling the transfer of used games. The stock took a hit last month after Microsoft MSFT +2.03%  first unveiled the Xbox One, as some news reports suggested the company would charge a fee to play pre-owned games on the device. The Xbox One and PlayStation 4 from Sony Corp. are expected to be showcased Monday at the E3 videogame conference in Los Angeles.

http://www.marketwatch.com/story/gamestop-up-as-microsoft-clarifies-xbox-one-policy-2013-06-07



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Haven't they still dropped a lot from the reveal?



http://gamrconnect.vgchartz.com/profile/92109/nintendopie/ Nintendopie  Was obviously right and I was obviously wrong. I will forever be a lesser being than them. (6/16/13)

most of the gamestop close to my home are out of business...

hopefully they can revive themselves unlike blockbuster...



 

I think the key part regarding GameStop in the used game clarifications was the "participating retailers" part.

I think it means that basically, GameStop is a participating retailer and the smaller, independent stores will no longer be able to sell used games for Xbox. This will give GameStop a bigger market, meaning more money. Wont it? Correct me if Im wrong.

GameStop and other big game stores win. Microsoft win. Publishers win. The consumers and independent stores get laughed at.



                            

http://www.forbes.com/sites/johngaudiosi/2013/06/07/gamestop-president-tony-bartel-promises-seamless-transition-of-xbox-one-used-game-sales/?partner=yahootix

Like I said, GameStop are a participating retailer.

Could mean the end for so many smaller stores.



                            

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Lol, they probably dont realize whats going tohappen



Max King of the Wild said:
Lol, they probably dont realize whats going tohappen

They will hold a monopoly on the used game market, when the smaller independent stores go out of business because they cant stock used Xbox One games.

GameStop win here. They will have been in on this all along.



                            

ClassicGamingWizzz said:
but on the other side, normal games stores ( people call them mom and pops stores? ) are done.

So why can't a normal game store be a participating retailer?



Darth Tigris said:

So why can't a normal game store be a participating retailer?


The fact that they are now having to have participating retailers says it all. Theyre wanting rid of certain stores selling used games and it will be the smaller stores. It wont be the mega corporations like GameStop. It will be the smaller Joe Bloggs stores. There will be a fee to pay to be a used game partner on Xbox One. Its the only real reason I can think for them having the "participating" thing. Will the smaller, indie stores be able to afford this fee? 

Why does there even have to be participating retailers? Why are they alienating certain retailers?

What do they even mean by participating?



                            

Carl2291 said:
Max King of the Wild said:
Lol, they probably dont realize whats going tohappen

They will hold a monopoly on the used game market, when the smaller independent stores go out of business because they cant stock used Xbox One games.

GameStop win here. They will have been in on this all along.

And when less games are in circulation because less systems are sold because a portion of the population don't have the requirements to own them and gamestops profits drop because they have to give a share of the sales back to the publisher?