Thank you, Chair.
I'd like to thank both of our witnesses for being here to answer some of our questions.
Professor Taylor, I've done some quick reading on some of what you've already written and sent in to the defence committee at the U.K. Parliament. It seems that your views on competition may not be so clear-cut. I'm wondering if you can explain the pros and cons and go into how we can perhaps promote healthy competition within our own industry but at the same time cut back on some of the cons.