It's a more difficult argument. Consoles are not competing with regular general-purpose computers, and the console manufacturers go out of their way to make it impossible to install unapproved third-party software on them.
And since all the console manufacturers are selling the hardware at loss or with low margins, they can argue that it's just how the market works (free razors but expensive razor blades).
> Consoles are not competing with regular general-purpose computers
Yes but why? They very powerful computers. New recycling laws might force companies to give up the keys to the hardware before or after their obsoletion.
The precedent here is SIM-locked devices. At some point you must let the user do what they want with it.
Consoles have a surprisingly long commercial life, more than 5-7 years. So the usability of old consoles at the end of their lifecycle as a PC replacement is not that great.
Might still make sense, though. Just for general historical preservation.
And since all the console manufacturers are selling the hardware at loss or with low margins, they can argue that it's just how the market works (free razors but expensive razor blades).