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Old Aug 9, 2007, 12:20 PM   #1
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OFT refers GAME to Competition Comission

Source: Gamesindustry
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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).

Shortly afterwards the UK's Office of Fair Trading announced that it was investigating the deal to ensure there was no negative impact on the consumer from any loss of competition in the sector.

At the time GAME commented that "As expected we have notified the acquisition of Gamestation to the OFT for normal regulatory review. This review will take about two months and we will be co-operating fully with the OFT process."
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