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Notes -
Eventually, some of these products do get smacked down: there's actually a pretty big snafu right now over the explosion over the Yuzu emulator, and ROM sites as wackamole has been pretty constant.
((There's also a little bit of squish in US laws, in the archive exception, though I doubt it plays a particularly big role. Semiconductors don't have similar protections, and there's some spaces where it's hard to avoid -violating clones.))
But you're right that a surprising amount don't. This video is from 2021, and you can still buy both of them: a few Amazon store pages have closed, but even then it's hard to tell whether they've been closed-by-horse's-head or just had a vendor swap for some tots-legitimate-better-reviews, or even more esoteric reasons. Wouldn't recommend it, though, given how much better stuff is available since.
Which is the Charybdis for a serious legal threat. These companies aren't irreplaceable: the vast majority are -- at best -- circuit board designers and integrators, polishing a bit of UI on open-source or mixed-source code that does the heavy lifting. That's not a minor skill, especially at bulk production and dealing with decoupling capacitors, but ultimately it's a maybe a couple weeks of time for this sort of device, and perhaps more importantly there's new ones coming out every month. At best, killing one simply means buyers have to jump into the scary void of low-trust purchasing, except even the big-name vendors here often have occasional goofs.
The Scylla is that almost all of the immediate vendors aren't even those designers and integrators: most are warehouses, drop-shippers, cut-outs, often for manufacturers that are in countries with more laissez-faire opinions of US copyright law. Sometimes they're intentionally shell LLCs, but more often they're 'real' -- and sometimes even lucrative -- businesses that exist solely to turn around the 30-day shipping time from Aliexpress or the 60-90 day time for actual in-country-of-origin purchases, from the smallest batch-of-ten on eBay to ARTIVIEW selling 700 on Amazon. Getting them kicked off Amazon or sued in court isn't going to get much money back: no small portion are judgement proof.
In theory, you could sue Amazon to put the fear of god for every potential pirate, rather than just asking politely and smacking one pirate at a time -- there are some relevant exceptions for CDA230 -- but then you'd be a media company suing Amazon.
Why doesn't this exist for other media? To some extent, it does; you can buy storage, media players, or more often Karaoke machines that play fast and loose with IP for music or video. Books are famously prone to getting Print-on-demand cloned, especially more technical and recently-published works. But it is genuinely much less common.
The pirate claim is to borrow from Gabe Newell: "piracy is almost always a service problem and not a pricing problem". You can't buy many of the games people are looking for, and if you did you might still have to break out a soldering iron to play them 'normally'. Even games that were lucky enough to get a re-release may end up with that re-release having aged out and/or were worse. ((Some, hilariously, are freely available in ways that are more annoying to play than the pirated/ripped version.)) And that's not really true -- there are things I won't buy, and others that I won't buy at prices big game corporations want to sell -- but it's not entirely false, either.
The more cynical approach is just that the others are just not that valuable. Even if a video isn't available from a sane streaming service, or music on youtube/spotify/whatever, the next-best-thing is fine, for enough of the population that the remaining demand can't bring blood from a stone.
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