Market Failure
The Emerson version of the console was essentially considered dead on arrival in the USA. The system came out at nearly the same time as the Atari 5200 and the ColecoVision were released. In addition, Atari's use of exclusive rights to many games made it virtually impossible for Emerson to get popular games to the console.
Emerson actually created many popular arcade titles including Pac-Man, Galaxian and Defender for the Arcadia and had them manufactured. However, Atari started to sue its competitor companies for releasing games to which it had exclusive-rights agreements and Emerson was left with thousands of manufactured games that could no longer be sold.
Read more about this topic: Arcadia 2001
Famous quotes containing the words market and/or failure:
“Today the tyrant rules not by club or fist, but, disguised as a market researcher, he shepherds his flocks in the ways of utility and comfort.”
—Marshall McLuhan (1911–1980)
“The moment a mere numerical superiority by either states or voters in this country proceeds to ignore the needs and desires of the minority, and for their own selfish purpose or advancement, hamper or oppress that minority, or debar them in any way from equal privileges and equal rights—that moment will mark the failure of our constitutional system.”
—Franklin D. Roosevelt (1882–1945)