Slays me that wifi ended up with IEEE instead of the IETF for example. The profit motive really seems to drive a privacy-second approach to some of these standards.
RF engineering is hard. IETF is ... scope averse, change averse, inertia-driven, and ... not exactly a bastion of hardware manufacturing excellence. IEEE is also way better than, say, the ITU, whose resistance to packet-based switching is famous and whose systems in that space are largely semi-mythical to extinct and who are politically inclined to actively stand for centralized and billable systems in lieu of decentralized local communications.