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this post was submitted on 09 May 2024
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Asklemmy
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Buying a competing business and then shutting it down is what all big tech companies do. They don't actually want to run that business, but they also don't want anyone else to run it.
List of acquisitions by Microsoft
Also IP rights. They buy the studio (or the publisher, with the studio beneath it) and then they own everything they make. So they can do what they want with that IP, which is typically nothing but prevent others from doing anything with it.
"Capitalism breeds innovation"
It can. But it's not guaranteed.