Could it be true, the past companies, which held ownership on past products, still in a misconception about current world working, and overpricing products without considering the possible downfall?
No, type designers want their art to be used. The type industry until recently has been a fairly friendly one as only designers really cared about it.
I think it’s more likely that vulture capitalists have discovered a matket that they can ruthlessly exploit, extracting every last shred of value without giving the slightest of shits about its long term sustainability.