A new wave of economic and legal research suggests that common ownership by large institutional investors leads to potential anticompetitive effects. Other scholars and practitioners argue that there is no there… there.
In a recent interview, Vanguard founder John Bogle responded to possible antitrust concerns created by index funds in part by saying “People are just throwing up a whole lot of straw men in the hope that they can find some piece of mud that will stick.”
As a recent BlackRoc
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