>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

>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.