PS4 blockage on used games rumor sends GameStop's stock soaring down (Photos)

Yesterday, we revealed that Sony filed a new patent that displays new technology that would eliminate the used video game market. Following the reveal of this patent, it was assumed that this type of technology was being developed for Sony's next-generation console, which is expected to be the PS4. With the use of this technology, retail outlets that sell used games, such as GameStop, would receive a massive hit.

In response to this, GameStop's stock price is currently on the downfall. As reported by Kotaku yesterday, GameStop's stock has now received an overall loss of five percent. As many of you may know, the used game market is one of the prime reasons that GameStop has become what it is today.

Rumors have been circulating throughout the video game industry for quite some time now that insist that Sony's PS4 and Microsoft's Xbox 720 will implement some type of anti-used game technology within their next generation systems. With the filing of the patent, it could very well mean that Sony intends to use this type of technology within their next generation system. If so, it can be expected that GameStop will be hit with a massive downfall in response.

For those of you that are interested, we have featured a few concept photos for the PS4 in the slide-show above.

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, Charlotte Video Game Examiner

Ben Miller, a gaming enthusiast that has always been intrigued by the video game industry and everything surrounding it. Now, he brings you emerging news, previews, and reviews throughout the gaming industry.

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