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Teeqoz said:
From a business standpoint, it doesn't make sense for the dominating player to allow cross-play. One of the factors influencing which console you choose is which console your friends have, because people want to play together with their friends. It is more likely that your friends have PS4s than XBOs, so Sony are more likely to benefit from this, and thus, have something to lose, while MS have something to gain from it.

I was just about to write this comment, almost word for word.  Instead, I'll just second this.