Ms Derville Rowland:

We examine risks to consumers for many reasons. The Senator cited one. As part of our work, we perform a risk assessment every year in which we draw in all of the relevant risks to consumers. Some touch on actions that we can take, some do not, but it is important that we see the threats and risks to consumers. Price differentiation has been in existence across economies and markets for a very long time. It predates our involvement by decades. It is a widespread phenomenon. The risk that we have captured in more recent times is a big data AI risk.