Microsoft CEO Says He Would "Love" To Get Rid Of Xbox Exclusives But Can't Because Of Sony
Microsoft CEO Says He Would "Love" To Get Rid Of Xbox Exclusives But Can't Because Of Sony
Does it drive competition? I would say it does the opposite. It encourages buying multiple consoles so you can play the games you like (if they happen to be split between consoles). If you buy both consoles, that's no longer competition.
I don't disagree that buying the entire block is bad, but not having access to the block and making your own that doesn't necessarily compete isn't great either. One's a monopoly, but the other is just two monopolies. Microsoft has had pretty crappy exclusives recently, but I'm sure if they started pumping out games as good as Sony you would find people would start having two consoles rather than switch over, at least those that could afford it.
You're not wrong, but anyone with the budget to buy both will (and even some without the budget, unfortunately) when there's enough exclusives. You state that 'most of the library overlaps', but that's my point. When enough of the library doesn't, when enough games are exclusive, suddenly you have two gaming consoles that don't compete.
For instance, take the Nintendo Switch. While attempts have been made to port over games to the console, its hardware is a limiting factor and the Switch has many exclusives. There's no shortage of people who own a Switch and a PS5.