i used to work for asda.. >> i think it's owned by wal- mart, so it's big. >> exactly. asda is owned by wal-mart. i am pretty safe in saying that wal-mart is bigger than news corporation. >> i think you are very safe. >> absolutely. i guarantee that if someone had said to the chief operating officer of asda -- a small but not inconsiderable part of wal- mart -- "we have a problem. a legal case is going to cost us in the region of £500,000," any chief operating officer of asda that i have ever dealt with in my entire life would have said, "for god's sake, let me have a look at that." i find it absolutely incredible that you did not say, "how much? £250,000? let me have a look at that." i cannot even begin to believe that that is a course of action that any self-respecting chief executive or chief operating officer could possibly take, with so much of the company's money and reputation at stake. >> mr davies, i think that it is important to note -- i have testified to this effect, and i have tried to describe t

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