Thank you both very much for coming. It's extremely important that we're able to talk to you again given the current media climate, and given I think the increasing urgency of this report.
I don't want to get into any specific merger because, as you said, there are confidentiality issues. I guess what's important here is to look at where we are right now. As I understand it, and this was research that was done out of Carleton University and its Canadian media concentration research project.... It's quite thorough. When you look, it makes the argument based on market share that we have the highest concentration, highest level of vertical integration, across media ownership of the 28 countries that they studied, which were mostly European markets or large markets like China, India, and Egypt.
When you are looking at a merger acquisition, does that factor in? I'm not leading anywhere with this question; I'm quite honestly wondering. Is the end result not within your jurisdiction?