Absolutely, sir. Competition is a key driver of innovation in any market-based economy. Competition forces competitors to consider innovative approaches at every turn. In fact, this is something that was pointed out by Tobias Lütke, the CEO of Shopify. Embracing competition, looking at your competitors every day and seeing how you can do better than them and how you can provide innovative new products, that's what drives innovation in our economy and in economies around the world. It drives productivity as well.
On December 3rd, 2020. See this statement in context.