You'd be surprised how little price factors into the equation for decisions like this. Anyone that tried to acquire customers as a fresh start-up knows that trust means a lot to established companies.
Yup. Engineers can intuit quality up to a point from very weak signals. Those signals become illegible _really fast_ the further you move in competence from the core domain of the offering - and after that all you have as a decision maker are _market_ signals such as known brand.
The push for messenger interoperability is a reaction to the EUs Digital Markets Act (DMA), which requires certain gatekeeper services to allow interoperability with smaller platforms.
Threads is working on implementing ActivityPub for interoperability with other platforms that already use it. ActivityPub is an open standard for implementing the Fediverse, a group of federated social platforms heavily based in the open source community.
Not like it's new, though? The Internet is literally interoperating networks, emails hop from server to server until they reach the user-specified destination server, DNS delegates zones to other servers. These are protocols older than I am, and I've had a driver's license for longer than Matrix exists. Their push is amazing but not by any means unique