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Played_Out said:
After the launch of the Dreamcast but before the launch of the PS2, somebody at Sega stated that if Sony released their new console for $299, Sega would sue them for price dumping.

We all know how that turned out.

I think you have your facts mixed up. It was Atari's CEO, Jack Tramiel, who said that the Playstation would cost $500, and anything less would be price-dumping, and they would take Sony to court.