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Best guess? Just avoiding being sued. Something being a false statement is a matter of fact that’s easily proven. Something being a lie requires proving state of mind. In the US I can’t imagine actually winning such a suit, but its still safer to cover asses.
I’ve played plenty of games that would be worth 100+ easily. The problem for a studio pricing something at that though is they need some way to sell me on the game. A demo, or like, first party Nintendo quality reputation. Something. No way I pay that as a default for a piece of shit, which most things released are.