No they really aren’t, this is a common but silly misconception. Managers have a fiduciary duty to their shareholders but there’s a huge amount of latitude in w

No they really aren’t, this is a common but silly misconception. Managers have a fiduciary duty to their shareholders but there’s a huge amount of latitude in what that means with the only real bright line rules being things like “don’t improperly enrich yourself with company assets”. If managers want to sell tvs without ads, they absolutely can. If the board (which represents the shareholders) disagrees with that decision, they can fire the managers, but there’s no “law” requiring them to chase profits. That really lets normal greedy bullshit off the hook too easily - laws don’t cause anti consumer behavior, garden variety assholes do because it makes them more money.