Video game prices going up as firms try to raise standard rate to $70

The $60 video game dates back to at least the 1990s. Rarely has a game exceeded that price threshold in the three decades since, even as inflation drove the dollar’s value to nearly half of what it was in the days of the Super Nintendo.

This week, video game publishers will press ahead with an industry-wide effort to raise the standard price to $70. The move coincides with the debut of two new game consoles from Microsoft and Sony, a generational change that comes every seven years or so. There’s one complicating factor: an economic crisis that had doubled unemployment in