What is the alternative? It seems like a lot (a majority?) of professional formats are professionally developed by for-profit consortia, with open-source trailing behind as patents expire. Isn't this what patents are for? If a private entity drops $$$/time/expertise into tech shouldn't they be rewarded for some period?
The alternative would be lavishly funded public research, which sounds great to me! But is that going to happen?
The alternative would be lavishly funded public research, which sounds great to me! But is that going to happen?