The risk of overconcentration now, Mr Foster. You've identified two important contradictory but related trends affecting the UK and worldwide news market at present which have complicated consequences for market concentration. Those are economic pressures facing established news providers and continued growth in popularity of new digital media and social media.
So these trends are, on one level, pointing in different directions, one for a greater concentration into fewer hands, one for greater proliferation, but you also point out that there is a degree of causal link between the two. Have I correctly understood it?