Technically correct but Atari attempted to compete later and failed with the Atari Jaguar: https://en.wikipedia.org/wiki/Atari_Jaguar

I say attempted because as a teenager you could either afford the SNES or the Genesis but rarely both. The Jaguar came out after both the SNES and Genesis and IIRC had superior hardware, but no game support due to things like licensing agreements. It was never a real contender - not from my teenage 12 year old perspective.