IMHO it uses "reference counting garbage collection". You don't have to allocate and deallocate memory, do you? I don't see why would the term "garbage collection" be used only for the "mark&sweep" and "copying" types.
Except maybe that Microsoft, for marketing purposes, wanted people to believe .Net has something old VB did not have. So instead of saying that .Net has a mark&sweep garbage collector, while VB used a reference counting one, they want everyone to think, .Net has garbage collection, while VB did not.
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