Actually, no set standard for touch events has been approved by the W3C. As Tom MacWright mentioned, there is an editor's draft spec submitted but it's not been approved and requests for feedback is still completely open. 

It's easy for you to focus on MS but I would argue that the bigger issue that can put us back to the 90's are the proprietary "-webkit" features that developers are using, especially in mobile, which are leading us into total vendor lock in.