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DonFerrari said:
He is right, the industry itself is stronger when all its players are strong

Depends sort of IMO. When you have too much competetion it leads to a situation where Sega is gone for example. And that wasn't good for gamers, we lost a really valuable part of gaming when Sega dissolved away. 

Too many gaming options can be bad because a legitimately good one can end up getting less marketshare than they should.