Emulation still exists though. And the fan games are made by and for Nintendo fans. They usually also want to play the new Nintendo games as well, not just the fan games. And those fan games wouldn’t exist without the Nintendo games they’re inspired by. I mean, I guess if you only play old Nintendo games or fan games based on them, Nintendo disappearing could be good. But I would bet that there are many more people who want to play Nintendo’s new games, and will want to play the ones that are released in the future, than people who only want to play old ones/fan games.
Edit: Also
They kill competition with these practices.
So there should instead be 1 less company in the console space? That will increase competition?
Hey, I was born in the early 2000s and Club Penguin was huge when I was a kid! Everyone my age knows about it.