My only guess is they have a parallel skunkworks working on the same thing, but in a way that they can keep it closed-source - that this was a hedge they think they no longer need, and they are missing the forest for the trees on the benefits of cross-pollination and open source ethos to their business.
And that someone usually isn't a manufacturer, lest the committee be accused of bias.
Consequently, you get (a) outdated features that SotA has already moved beyond, (b) designed in a way that doesn't correspond to actual practice, and (c) that are overly generalized.
There are some notable exceptions (e.g. IETF), but the general rule has been that open specs please no one, slowly.
IMHO, FRAND and liberal cross-licensing produce better results.