This is bad.
This is very very bad.
I get why some people are celebrating. More games for GamePass and the CEO is gone, but beyond that this is a HUGE step toward Microsoft having a monopoly over the entire western gaming market.
It may be some good aspects in the short-term, but think of the the long-term. Once Microsoft dominates this console generation and possibly put Sony into irrelevancy, they'll be increasing prices on GamePass and the quality of their exclusives across ALL of their dozens of studios will be of the quality of the XBoxOne generation.
With a few exceptions, Microsoft doesn't know how to guide studios into making great games. They were great before being bought out by Microsoft, and mostly became shit afterward. Microsoft buys out their competition to neuter their products, so they don't have to compete with them in the open market.
Everyone... of your Top 10 Favorite Games of the last 20 years, which ones were made directly under Microsoft's leadership? The first 3 Halo games maybe, but look at how well 343 have done since that.
Mark my words. Years from now we will curse this day in the same way we curse the day Disney bought out Star Wars.