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British airways, we got a competitive outcome. in water it is inescapably a monopoly. we regulated it relatively well in the early years, we have not been doing very well at it since. so, if this is right, if, what we need is more than political pressure on firms and regulators and competition authorities. it s about a whole new way of regulating 215t century capitalism to ensure market5 work in the interests of consumers and households. let 5 5peak now to a woman who s previously worked for three regulators, ofgem, the financial conduct authority and the competition and markets authority, mary stark5, and to economist and author france5 coppola who has written critically about the power of large corporations. mary stark5, let me start with you. the former chair, a man who believes in the free market, lord tyra, 5ay5 ....