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home / articles / TECH - FTC Criticizes Microsoft Over Xbox Game Pass Price Increase And 'Degraded' Standard Tier | Benzinga


TECH - FTC Criticizes Microsoft Over Xbox Game Pass Price Increase And 'Degraded' Standard Tier | Benzinga

The Federal Trade Commission (FTC) has expressed its disapproval of Microsoft Corp.'s (NASDAQ:MSFT) decision to raise the prices for Xbox Game Pass and introduce a new "degraded" standard tier.

What Happened: Last week, Microsoft announced a hike in the prices of PC Game Pass and Xbox Game Pass Ultimate and simultaneously launched a new Game Pass Standard tier.

The FTC has labeled this new tier as a "degraded product" because it will not offer day-one access to first-party Xbox games, a feature that is included in the $10.99 Game Pass for Console, as reported by The Verge.

MSFT did not immediately respond to Benzinga's request for comment.

The Xbox Game Pass Standard, priced at $14.99, will only provide online multiplayer. The FTC, in a submission to ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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