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GameStop says Xbox One DRM decision is 'great news'

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Leading retailer GameStop says Microsoft's decision to reverse its DRM policies is "great news".

A spokesperson for the retailer told Polygon, "GameStop welcomes today's announcement from Microsoft about changes in functionality for its next-generation console, the Xbox One. This is great news for gamers and we applaud Microsoft for understanding consumers and the importance of the pre-owned market."

Earlier today, Microsoft announced that, following widespread criticism of its DRM features for Xbox One, it would be reversing a decision to implement online check-in policies, which would have restricted the sale of used games. Much of GameStop's profits come from the sale of used games. GameStop's stock price surged six percent in after-hours trading today, following Microsoft's announcement.