Rubisco is the primary carboxylase of the Calvin cycle, the most abundant enzyme in the biosphere, and one of the best-characterized enzymes. Based on correlations between Rubisco kinetic parameters, it is widely posited that constraints embedded in the catalytic mechanism enforce tradeoffs between CO 2 -specificity, S C/O , and maximum carboxylation rate, k cat,C .However, the reasoning that established this view was based on data from ≈20 organisms.Here, we re-examine models of tradeoffs in Rubisco catalysis using a dataset from ≈300 organisms. Correlations between kinetic parameters are substantially attenuated in this larger dataset, with the inverse relationship between k cat,C and S C/O being a key example. Nonetheless, measured kinetic parameters display extremely limited variation, consistent with a view of Rubisco as a highly-constrained enzyme. More than 95% of k cat,C values are between 1 and 10 s -1 and no measured k cat,C exceeds 15 s -1 . Similarly, S C/O varies by only 30% among Form I Rubiscos and < 10% among C 3 plant enzymes. Limited variation in S C/O forces a strong positive correlation between the catalytic efficiencies (k cat /K M ) for carboxylation and oxygenation, consistent with a model of Rubisco catalysis in which increasing the rate of CO 2 addition to the enzyme-substrate complex requires an equal increase to the O 2 addition rate. Altogether, these data suggest that Rubisco evolution is tightly constrained by the physicochemical limits of CO 2 /O 2 discrimination. * !,! − * !,! and so changes to the conformation of the RuBP enediolate might explain characteristic differences between S C/O of C 3 plant and cyanobacterial Rubiscos. 5,8 See SI for a derivation of this model and further discussion of its implications.