Thank you so much. I appreciate it.
From the research standpoint, several big markets were examined, the U.S. in contrast to the European. Overall, the conclusion is that U.S. markets are characterized by very lax enforcement, starting with President George W. Bush and up until now, essentially. As opposed to that, the European Union stands on the other side of the spectrum.
When you look at the data there are studies of trends in concentration that are consistent with those two ranges. In the U.S., we saw an increase in the concentration. In the European Union, we did not. The European Union was the first one to prosecute Google, for example, when it comes to the digital economy. From that standpoint, Canada seems to be much closer to lax enforcement, and maybe even further to the other side of the spectrum.