The Authority has been busy on all fronts in the first half of 2013, building on its track record as a nimble, effective and pragmatic agency which nonetheless adheres to high standards of analysis and reasoning. The decisions and opinions that have been handed down so far, as well as the inquiries that were launched, all testify to our aim of achieving an efficient competitive level playing field: with this objective in mind, the Authority does not hesitate to combine the different levers at its disposal to build a comprehensive competition policy. The pharmaceutical sector, which we focused on this year, is but one example of this approach. Alongside enforcement and advocacy, the Authority is also continuously involved in updating, where required, its guidelines – most recently in the field of merger control – and contributes positively to current legislative efforts aimed at developing private enforcement in France through collective redress mechanisms. The Authority welcomes in particular the emphasis placed on follow-on actions in the bill being discussed in Parliament, thereby giving private litigants the full benefit of public enforcement.