> The way I'm used to this sort of thing happening is some company brings in a new proprietary standard, makes bank, then all the competition bands together to form an open standard to try and stop them. There is a bit of a tick-tock feeling as consortiums use more open and accessible standards to slowly lever power away from incumbents.
And that leaves you with two standards (at least), non interoperable between them. In the case of hardware this can be really annoying, constraining and inefficient both for consumers and at large.