Something should be done, this is something, so this is good is a well know fallacy too.
Competition is working fine unless you think the the deserving player is not winning. When you deal with a massive corporation vs a much smaller one it is healthy if the smaller corporation wins big, it is the entire point one could say. The current market is a healthy market not because who is on too but how and why they are and got on top.
MS also could spend money to grow and manage their studios or decide to spend Sony out of business, they are choosing the latter and that is what I have a problem with.
Microsoft has been trying since 1999 to spend Sony out of the business, shortly after cutting off Netscape's “air supply”.
Microsoft tried to buy Nintendo in 1999
Robbie Bach: "Xbox lost five to seven billion dollars during its four-year life"
Xbox 360 'red ring of death' costs Microsoft more than $1B (Jul 2007)
Microsoft will cut the price of Xbox 360 by about 13 percent in the United States (Aug 2007)
Microsoft had only one shot, the PS3 era, and they blew it.
PlayStation is the only business that lost billions competing with Microsoft, lived to tell the story, and found a way to claw back its top spot in the US and UK, they key markets for Microsoft.
Microsoft is playing the long game, but they could never have imagined that:
-PS5 is outselling Xbox Series 2-to-1 in both the US and UK during 2023
-Sony Group is reaping record profits
-Sony weighing a partial spinoff of financial services
-B2P and live service games dominate over subs
-It will take 2 years to complete ABK acquisition and 10 years to take full control of COD
Disney, the biggest and most admired entertainment company in the world, acquired Marvel, Lucasfilm and 21st Century Fox for $80 billion.
Disney is facing an existential crisis after being deemed unstoppable.
Good management always triumphs over money.