I'll start on the merger side, on the enforcement side. There, we're looking at the potential anti-competitive effects of a particular transaction. Generally, you're looking at whether there will be an increase in market share that exceeds 30% or 35%. That's what is set out in our guidelines, but that's specific to each market. We'd be looking at that with respect to each OD pair and looking at the market share and the concentration on each route, not a broader industry view of what competition should look like.
On May 9th, 2024. See this statement in context.