I have one other point to add on that.
I think that all industries who operate in competitive markets also have to raise capital for the capital investments that they need. To argue that a fairly minimal restraint on monopoly power will have significant impact on your capital investment is, to me, an argument that doesn't hold water. In our industry we operate in competitive markets. We invest in capital as we need to, and the other shippers who are dealing with the railways are in the same position.
This bill will not create competition between the railways. They will still not have a competitive market. They will have some fairly modest measures in place to allow shippers to respond to egregious difficulties, because—trust me—a shipper will only take a railway to a level-of-service complaint or an FOA when they cannot resolve the issue bilaterally and when the difficulties are quite serious. We would prefer to resolve these issues on a commercial basis, and these are really measures of last resort from the perspective of our member companies.