They are there to earn money for their share holders (which to be clear isn't just rich people, it's pensions including pensions for fire departments etc). They

They are there to earn money for their share holders (which to be clear isn't just rich people, it's pensions including pensions for fire departments etc). They must act in their share holders interests. Cutting their fees with no justifiable reason is not something they are going to do. There's no conspiracy, companies are there to make money, that's it.