Advancing new red tape based on discredited idea would only harm investors and our capital markets. By Eric J. Pan ( As published in the Financial Times, July 19, 2024) Ambitious policymakers from both big US political parties are looking to make hay of the failed idea that retail...
Would it surprise you that your savings in mutual funds and exchange-traded funds (ETFs)—including in your individual retirement account (IRA) or 401(k)—pose anticompetitive concerns, possibly harming consumers by driving up the prices of goods and services? Seems odd, right? But it’s...
The claim that competition in a concentrated industry suffers when institutional investors own shares in firms across that industry continues to garner attention, as advocates pen op-eds and seek press attention. But as more and more experts examine “the common ownership story,”...
The claim that competition in a concentrated industry suffers when institutional investors hold shares in firms across that industry continues to garner attention, as advocates pen op-eds and seek press attention. But as more and more experts examine what one official calls “the...
Economists and legal scholars have issued pointed critiques and empirical rebuttals of the “common ownership” hypothesis—the notion that institutional investors holding small, non-controlling stakes in competing companies in concentrated industries, such as airlines or banks, decrease...
ICI Seeks to Inform FTC Discussion on Common Ownership Comments describe how asset management operates, review existing literature, and caution against policy measures Washington, DC; August 20, 2018—The Investment Company Institute (ICI) submitted a comment letter to the Federal...
Proposal to Limit Institutional Investors Would Harm Millions By Sean Collins (As published in Barron’s , July 7, 2018) Eric A. Posner and E. Glen Weyl ( “A Radical Proposal for Improving Capitalism,” Other Voices, June 16) propose to limit “large institutional investors to owning...
