>When healthy competition exists, you can't just arbitrarily charge people more, because they'll just go buy from a competitor.
Competition is meaningless when they're all owned by Blackrock and Vanguard to an extent. They can easily sacrifice a brand to test the waters, knowing consumers will move to buy from their other brands which the also own.
Competition is meaningless when they're all owned by Blackrock and Vanguard to an extent. They can easily sacrifice a brand to test the waters, knowing consumers will move to buy from their other brands which the also own.