I feel like we‘re not seeing/talking about the reason the console market is another duopoly. Its a harsh failure on cartel prevention laws imo. New consoles should pop up here and there yet they dont (very small opening for steamseck likes). Its not a healthy market.
At first glance I think the IP laws are the problem here. A new console should be able to run xbox games and/or ps5 games and compete on hardware and ergonomics alone imo. That way the competition would drive prices down and decisions would again be for improving the service, not the bottom line.