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SKMBlake said:
Pemalite said:

Whilst Nintendo and Sony -are- competitors, they don't directly compete.

Sony and Nintendo appeal to different demographics and their platforms are completely different form factors. I.E. Fixed home console vs Portable.

And more competition is better, a duopoly is worse than a 3-way competitive market.

They are. I don't think Sony is very happy with the Switch having 27 entries out of 30 per week in Famitsu sales. And vast majority of japanese games are identical on both platforms, minus some stuff that are released on one and not the other.

Your view sounds very 2006

This only applies to one region, where most games are developed with a rather modest budget.