The term open-standard does not cut it. People should start using "publicly available and sharable" instead (maybe there is a better name for it).
ISO standards for example are technically "open". But how relevant is that to a curious individual developer when anything you need to implement would require access to multiple "open" standards, each coming with a (monetary) price, with some extra shenanigans[archived] on top.
IETF standards however are actually truly open, as in publicly available and sharable.
Because non-open ones are not available, even for a price. Unless you buy something bigger than the "standard" itself of course, like a company that is responsible for it or having access to it.
There is also the process of standardization itself, with committees, working groups, public proposals, ..etc involved.
Anyway, we can't backtrack on calling ISO standards and their likes "open" on the global level, hence my suggestion to use more precise language (“publicly available and sharable”) when talking about truly open standards.
It's a historical quirk of the industry. This stuff came around before Open Source Software and the OSI definition was ever a thing.
10BASE5 ethernet was an open standard from the IEEE. If you were implementing it, you were almost certainly an engineer at a hardware manufacturing company that made NICs or hubs or something. If it was $1,000 to purchase the standard, that's OK, your company buys that as the cost of entering the market. This stuff was well out of reach of amateurs at the time, anyway.
It wasn't like, say, DECnet, which began as a DEC project for use only in their own systems (but later did open up).
And then you have things like "The Open Group", which controls X11 and the Unix trademark. They are not particularly open by today's standards, but they were at the time.