it is sbc. >> the market is concentrated. why would they even try? >> sometimes these things have confounding outcomes. sometimes they get approved anyway. it is really hard to know. sometimes it is corporate efficiency going on. it is part of its price control, so if you look at the dynamics here, canadian pacific does not play in the united states to the extent. it is really a question of how to combine business will operate. >> i think it is cool with apple, facebook, twitter, twitter, twitter, apple, apple, apple. this is real world. the bloomberg story was great on the premium the ua should of tiny canadian pacific to the lesser cold effected valuation of east coast csx. >> canadian pacific is a much smaller company. what is curious, our guys at the market makers team spoke to hunter harrison, the gentleman who runs canadian pacific about a month ago. here's what he had to say about competition. i don't think there's a choice. i think if you look down the line, there's not going to be more real roads built. we have got to start doing more with l