The other competition doesn't quite have the UX and quality of Bambu Lab. That's changing slowly, but it's reality today IMO.
The challenge is that the 3d Printing community is maturing from a hobbyist/tinker phase into a consumer phase with Bambu Lab leading the way. Bambu Lab has mostly threaded the needle by balancing proprietary UX with practical ability to tinker, swap parts, etc.
But as with most hobby communities, if someone doesn't understand a motivation of a change, they immediately ascribe it to a conspiracy.
Bambu Lab wanting to improve printer security is an obvious thing to anyone who has dealt with corporate network security in the past... today it is effectively an insecure toy that would only be deployed on black holed lab networks. They're trying to make it more modern via Mutual TLS authenticated file transfer rather than a cobbled together mix of FTP and MQTT.