Gamestop buys EB Games
| Author | Topic: Gamestop buys EB Games |
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Warrior
Member # 5701
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written Monday, April 18 2005 06:52
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What are your thoughts on the latest acquisition? A bit unexpected, yes. But is this ultimately for the better? To me, Gamestop buying EB doesn't make too much of a difference. Prices are generally the same on games and consoles at both stores, but you do have to wonder about malls and shopping centers that have both stores. Posts: 64 | Registered: Tuesday, April 12 2005 07:00 |
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Agent
Member # 2210
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written Monday, April 18 2005 11:56
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This is a noncompetitive monopoly acquisition. EB Games and Gamestop are the two largest small game outlets. Without competition, they will be able to fix prices and set costs for distributors. This is going to drive many of the commercial game software companies out of business. It should have been an illegal move. Nobody is paying attention to antitrust litigation right now. If I had heard about this this morning, I could have made a 10% profit by the end of the day. -------------------- Wasting your time and mine looking for a good laugh. Star Bright, Star Light, Oh I Wish I May, I Wish Might, Wish For One Star Tonight. Posts: 1084 | Registered: Thursday, November 7 2002 08:00 |
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Warrior
Member # 5701
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written Monday, April 18 2005 12:07
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quote:Indeed. EB Games' stock price shot up some 34% today! Posts: 64 | Registered: Tuesday, April 12 2005 07:00 |
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By Committee
Member # 4233
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written Monday, April 18 2005 12:47
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Don't forget though that they're competing against the large dealers (BestBuy, Walmart), which tend to carry the most popular games at better prices, as well as the internet, where everything is cheaper. It was probably a survival move on their part. Posts: 2242 | Registered: Saturday, April 10 2004 07:00 |
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Infiltrator
Member # 5567
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written Monday, April 18 2005 21:51
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Well, let's hope they don't try to buy Spiderweb's games (though Jeff will surely not let them get away with it). -------------------- How many shapers are there? Why is Drypeak controlled by Zakary? Why is Barzahl a Guardian? How does the Geneforge work? What's as small as nothing? Why am I asking stupid questions? -------------------------------- Shaper teacher : "DON'T TOUCH THAT!" BOOM!! apprentice :*little voice* "Sorry..." --------------------------- Visit CSM !!! And this site is just great! Wow! Did you know what the answer to the gretest question ever is ? Posts: 576 | Registered: Wednesday, March 2 2005 08:00 |
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Shaper
Member # 5450
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written Tuesday, April 19 2005 01:10
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I'm sure he wouldn't. -------------------- I'll put a Spring in your step. Polaris Posts: 2396 | Registered: Saturday, January 29 2005 08:00 |
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Agent
Member # 2210
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written Tuesday, April 19 2005 07:45
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I don't think that Walmart is really that competitive with Gamestop. One of the reasons that Gamestop is so effective is that they are a spinoff of Barnes and Noble. This means they probably have much better secondary material than other stores-- manga comics, anime videos, games manuals, magazines, and nicknacks. If we follow the history of what Barnes and Nobles did to bookstores-- I am not surprised at what happened to EBGames. Not to mention better inventory control software, merchandising, and more effective targeted advertising. I am waiting for the lawsuits to start kicking in. Gamestop will start insisting on deep discounts from their suppliers and other stuff like Barnes and Noble did with the book market. This company is probably just as nasty as Barnes and Nobles is. They also have a pretty strong web presence, and this will get stronger with the EB games acquisition. Think lawsuits -- Microprose, Atari, and other producers will probably end up suing them to stop predatory practices. -------------------- Wasting your time and mine looking for a good laugh. Star Bright, Star Light, Oh I Wish I May, I Wish Might, Wish For One Star Tonight. Posts: 1084 | Registered: Thursday, November 7 2002 08:00 |
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Agent
Member # 618
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written Wednesday, April 20 2005 06:11
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Hmm... unless I'm severely mistaken, the UK arm of EB was taken over by Game, a good while ago. There's not been a great deal of change, overall. Prices are still about the same. Range has increased, very slightly. No real difference, to be honest. -------------------- Aut Tace Aut Loquere Meliora Silencio Posts: 1487 | Registered: Sunday, February 10 2002 08:00 |