# Professor Aswath Damodaran comments on the pros and cons of reducing brokerage commissions to zero

1 Faculty News October 4, 2019 ![MarketWatch logo](/sites/default/files/styles/246w/public/assets/images/marketwatch%20logo.jpg?itok=pHUVfozf)>

Excerpt from [MarketWatch](https://www.marketwatch.com/story/zero-brokerage-commissions-a-lot-of-sound-and-fury-signifying-nothing-2019-10-04) -- "That’s because brokerage commissions already were so low that they amounted to nothing more than a 'drop in the bucket' of total transaction costs, according to [Aswath Damodaran](https://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a professor of finance at the Stern School of Business at New York University."

[Read More](https://www.marketwatch.com/story/zero-brokerage-commissions-a-lot-of-sound-and-fury-signifying-nothing-2019-10-04)