Monopoly doesn't describe a company - it describes exclusive control of a supply. If everyone is using a single standard and nothing else then the standards committee are those that have control and use it. In this case the supply is actually options/ideas/ways of solving a problem.
Let's not forget that most things that go in to a standard were being used before they became a standard and they became a standard because they were popular. Using things like React/Angular don't always a standard they extend what people do beyond it - but even if they do - then they do so bringing new ideas that may themselves become a standard. There is a reason why they're popular.
I'm all for usunig and learning html before usunig reactjs or Angular!
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