SkoomaDealer
Sadly, we're in a nostalgia boom. The Switch is an emulator for several old consoles, some of which aren't even Nintendo's. Games are getting rereleased, remade, and rebooted constantly and there is a real concern for a company that this could affect that market.
And to what standard specifically are we going to tell companies to give up their ability to put their IPs and previous products onto this old games market? Like, it would be wonderful if we could arrange some system for that for the sake of games preservation, but it's really contentious territory with how valuable those rights are.
I speak from a lot of personal experience on that. I play two different private servers for mmos that shut down over a decade ago. Only one of them operates in a way that is entirely legal and they certainly couldn't start out that way. There's a lot of issues currently in the way of preserving games and not all of them are there unreasonably.