As I said, the Europeans keep claiming they have reduced their export subsidies, they have reduced their blue box subsidies, and aggregate measures of support as we measure it under the WTO. The reality is that the level of expenditures under the CAP, the community agricultural policy, from the commission has increased in agriculture, and it continues to increase. Therefore, their transfer of funding from states to the producers continues to be there.
They deregulated the price, establishing floors instead of targets, as they used to, and they let huge fluctuations happen. Dairy is particularly sensitive because it's one of the most volatile markets worldwide in terms of trade. You see huge volatility. In recent times we've seen a 150% increase in six months and a 50% decrease in six months. With that kind of volatility, you require even more protection.
There is no comparison in terms of cost. It is not an issue of the market itself. My view would be that the consumers in Europe pay just as much as we do.