In the case of technical standards, having yours make law is obviously vastly more useful and profitable for all involved than charging a cover fee. Participati

In the case of technical standards, having yours make law is obviously vastly more useful and profitable for all involved than charging a cover fee. Participation in these committees is hardly an effort for a better world, it is a very effective way for an incumbent to cement their market position and create barriers to competition for smaller companies. If they are ever cited in law, there's champagne for all the butts in seats that guided the committees work in producing a thousands pages plus hot air anti-trust balloon. There's a concerning undertone here of these noble companies coming together to prevent our houses from burning down with their valuable standards work. In reality, you get Grenfell.