For us players over in Aus/NZ it is extremely difficult to play competitive to go for pinnacle weapons as we dont get dedicated servers in our region, we always get matched up in foreign lobbies where its to extremely laggy and becomes impossible to play.
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Dedicated servers would not fix this whatsoever. Best case you would have more players in Australia so you can connect to each other. Putting a dedicated server in Sydney does not fix your lag to someone playing in Tokyo.