I agree with my hon. Friend. He will see in the White Paper provisions to make transparency powers available to the regulator, not just so that it can ask for annual transparency reports from online companies, but so that when the regulator thinks it appropriate to do so, it can ask specific questions about information that it wishes to have. It will of course be important, as he will recognise from the work of the Select Committee, to make sure that the regulator is properly staffed with those who have the necessary skills and understanding to ask the right questions and then understand the answers. We will certainly attend to that, and I am grateful for the help of my hon. Friend and the Committee in developing some of the further detail.