Phil Spencer Expects Another Generation

[Tachikoma]

Alkibiádēs said:

The PS1 was Sony's first console, they had no idea it was going to dominate like that. So using the PS1 as an example that monopoly doesn't hurt the game industry doesn't make any sense. Sony had to take their competitors into account before building and releasing their console. In fact, Playstation wouldn't even exist if it wasn't for Nintendo.
What are you talking about at all?, monopoly?, the topic is "a console can do well without competition", the PS1 did exactly that, having the highest sales because people like your product isn't a monopoly, for the PS1 and PS2 to have been a monopoly they would need to have been the ONLY consoles available.

It's not a valid point at all like I explained above. PS2 was weaker than the XBOX and GC and was harder to develop for. It was also more expensive than the GC. The XBOX had a much better online infrastructure and that influenced Nintendo and Sony to try harder with their online infrastructure. Although Nintendo still is stubborn when it comes to online infrastructure. Sony has copied MS's idea of putting online behind a paywall. Remember the disastrous announcement of the XBONE at E3 2013? MS had to ditch most of their ideas because of the backlash. If they had a monopoly on the market we, the gamers, would have been screwed.
None of that has anything to do with the topic, the Ps2 was largely uncontested in sales, and did perfectly fine without major competition, the xbox and gc being better specced or easier to develop for has nothing at all to do with the topic.
Also, MS didn't come up with the idea of locking online behind a pay-wall, that idea came from Gamespy, the technology and service that Microsoft bought to use on the original Xbox.
And prior to that, internet services were available for consoles as far back as the snes and megadrive with peripherals like xband.

Just about every real-life example would disagree with you. Monopoly leads to stagnation. Maybe not right away, but eventually it will lead to that.
Read first response over again, a console outperforming it's rivals based on popularity alone, isn't a monopoly.