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  Microsoft, Sony cut game prices
Time: 09:38 EST/14:38 GMT | News Source: CNN | Posted By: Robert Stein

The world's largest software maker, which launched Xbox last year to compete with Sony Corp.'s (SNE: Research, Estimates) PlayStation 2 and Nintendo's GameCube, said it will cut the price in Britain to £159.99 ($246) from £199. "The new prices will be effective Friday, Aug. 30," a Microsoft spokesman said in London.

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