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Sony Cuts PlayStation 2 Price To $149

Sony on Tuesday said it would cut the price of its market-leading PlayStation 2 video game console to $149 from $179, saying it was time for a price more attractive to the casual gamer.

Sony said it would immediately begin a marketing campaign to promote the new lower price, which brings the PS2 in line with its closest competitor, Microsoft Corp’s  Xbox, which went to $149 at the end of March.

Source: Reuters