And people of limited income that just need basic capabilities get screwed. They could have had significantly cheaper cables that would serve them just fine, but we're not going to let them even though they are the significant majority.
This argument can be used to justify any amount of wasteful production and environmental damage. It needs to die.
Prices are to some extent arbitrary. I'm pretty sure people with limited income would be able to buy devices with slightly more expensive cables just fine, especially if you remove the backpressure of a reduced capability alternative keeping the price higher.
That's why I was talking about putting this in the standard, so that only one type of cable is considered compliant. This way, all competitors would have to upgrade too.