I've been selling to the retail market since 1979—just short of 45 years—in every major market around the world. I started my career as a retail salesman. The challenge of selling into a retail distribution system—a food service distribution system—in Toronto, New York, London or Sydney, Australia is the same. It's always challenging, whether you're selling food, jewellery, clothing or any other product into a distribution system. They demand a lot on behalf of their consumers and others, and for their own improvements. It's just the reality of the business we're in. Experienced people know how to deal with that and manage it. That's what we do. That's just the business we're in.
I would describe it like “economic gravity”. You can't change it. It is what it is. It's been that way for 50 years. It will probably be that way for another 50 years, and I'm totally fine with it. I've experienced both. I've sold products in jurisdictions with a code of conduct and jurisdictions without a code of conduct. We are completely agnostic to that.
Truth be told, I think it will have absolutely no impact on our business, on anybody else's business or on the consumer outcome. However, if the industry wants to put it in.... We have certainly sold lots of products in the U.K. with a code of conduct, the same as we have in the United States and here. We are completely and utterly agnostic, from our perspective. That's just the way it is.