Devil's Advocate time. Would the result of that be better or worse quality public standards?
(I don't actually know what I think off the cuff - but it's the obvious follow on question to your statement and I don't think your statement can stand on it's own without a well argued counter)
It's a fine question. I think the onus is on public regulatory bodies responsible for the standards; if they aren't able to pay for the work to be published as an open standard, it wasn't worth the cost.