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I’m exaggerating here to get across the nature of the question in a cramped word space. The general question is about the nature of shareholder influence on companies through mostly passive, diversified index funds. But good point https://twitter.com/VegaVandal/status/1333851945228972033 …
Besides, they've loudly grumbled about the dual share class phenomenon for years... As recently as 2018 they were lobbying exchanges to impose sunset rules for dual-class share structures on new IPOs
