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By Me Today: Nintendo Pulls the Plug on Brazil

From my post today at WSJ Digits:

It’s game over for Nintendo in Brazil.

The Japanese videogame maker on Friday said it is ending direct sales of its games and consoles in Latin America’s biggest economy due to what it called a business environment that made its operations “unsustainable” there.

High import taxes have meant that games like the company’s popular “Super Smash Bros.” cost nearly 20% more than in the U.S. Other Latin American countries, which have a separate distributor, will not be affected.