No because there exist a thing such as first mover's advantage.If anything it proves Microsoft was too hasty jumping in the deep end with it.
Microsoft had nothing to lose because their business of selling individual games wasn't as successful. It's like they're doing with Bing Chat GPT integration. Google is now scrambling and making blunders trying to match them. Google that owns 92% of search is scrabbling to match a company that owns like 3%. Your attitude is effectively Google could afford to be complacent because their business works. Google isn't stupid. They know in the not too distant future letting Microsoft build this unopposed will devastate them.
shyt I remember when Internet Explorer was the whole browser market. Now it doesn't even exist and Chrome dominates. You don't just let a company pull some shyt unopposed because what you have is working.