Literally every company is doing this. There was a time when, for example, Apple could reverse engineer the Word document format and make their own word processor that uses them. This was very common and resulted in things like IBM PC clones that sped up innovation.

Now companies use litigation and corporate buyouts to reduce their competition, then set up ways to extract rents on customers rather than providing a service. Business folks love this because it means a consistent stream of revenue that won't go away. And now you've got carmakers looking to charge by the month for features.

For more details, read Chokepoint Capitalism.