This. HDMI was cooked as a proprietary connector with DRM by the big manufacturers in the DVD/Blu-Ray, TV, home-entertainment business and the big movie studios to enforce stronger content protections to protect their IP, at wich it miserably failed, as I can still torrent every Hollywood blockbuster and every Netflix series.
IIRC, every manufacturer must pay a fee to the HDMI consortium for every device with HDMI they sell.
DisplayPort, by contrast is a more open standard only requiring a flat fee for the standard documentation and membership instead of a fee per unit sold IIRC.