There are two sides to this story, let me provide the other side...
Using MarkBass as an example, they developed some technology that's pretty fundamental to their brand. Developing such technology can be VERY expensive when it's not copied from a competitor. Each MarkBass model is an evolution of this legacy technology, often combined with the introduction of new technology.
There are competitors out there who will simply copy the technology inside existing products rather than doing their own R&D, and providing schematics makes this task MUCH easier. As somebody who has had this happen to them, especially when the company is located in a region with low manufacturing costs and has a low R&D cost structure because of this "copy successful existing products" business model, it does directly take money that I earned off the table through reduced sales or because the product had to be discontinued due to becoming non-competitive.
That said, we do continue to provide service and support for these products.