Following the OFT's statement earlier today that it was to refer the acquisition of Gamestation by GAME to the Competition Commission, the retailer has said that it is "disappointed" with the decision.
Back in May this year European software retailer GAME announced that it was acquiring its nearest High Street competitor Gamestation for GBP 74 million (EUR 108m).
High Street retailer GAME has reported that total group sales have risen 74.1 per cent for the first half of the year, with the PlayStation 3 responsible for a 20 per cent rise in like-for-like sales.
The GAME Group is backing Game Domain International's ambitious new PC download venture, as it uses the on-demand service to offer titles via the retailer's website.
Wedbush Morgan analyst Michael Pachter has stated he believes US retailer GameStop should have stepped in before GAME to buy high street chain Gamestation.
As specialist game retail in the UK shrinks from two major chains to just one today, GAME boss Lisa Morgan has asked suppliers to be supportive of the move in order to help widen the market.
High Street retailer GAME has revealed international profits have trebled for the year ended January 31, with profits from the online business also up by more than double the previous year.
GAME marketing director Anna Marcario has told <i>GamesIndustry.biz</i> the PS3 has more functionality than any other console on the market - a factor which is helping to create huge demand for Sony's new console.
The Nintendo Wii may be the most sought after console of the moment, but according to GAME there's another system in demand - the pink version of the PlayStation 2.
By 1am last night, the shutters were down at HMV's Oxford Street store and the official UK launch of the Wii was over - but at GAME just down the road, people were still joining the queue.
GAME is to increase its presence in France following the acquisition of more than 50 new stores from book retailer Maxi-Livres, a company currently in administration.
Specialist retailer GAME has revealed its interim results for the first six months of 2006, with operating losses down to GBP 5.6 million (8.3 million euro), compared to a loss of GBP 10.3 (15.4 euro) million for the same period last year.
UK software retailer GAME is participating in the launch of Sony's new PlayStation Spot service, offering consumers a range of free multimedia content at selected UK 'hotspots' from Friday 28th July.
European high street retailer GAME has announced that the company has performed in line with forecasts for the first half of 2006, with group sales up by more than 20 per cent.