And most incumbent players seem to like the current state of affairs.

The whole situation is beginning to resemble feudal Europe class system. You cannot sell a car unless you belong to a specific fraternity. You cannot sell Android phones unless you pay licence fees to some company. The free market is shrinking because of various regulations written by lobbyists.

Unfortunately this seems to a trend for societies across the globe. The older society, the more walls higher class builds to protect their status.