Speaker unverified: belief

Transcript context

…Even as European cities go, London is really old. Yes. As a result, that alone makes the logistics problem very, very different. The logistics, not just the algorithm, which I think is just one part of the system, but the signals that you'd want to collect are very, very different. Vehicles are very different. We predominantly are non-autos in the City of London, which is very different in the States, as an example. That's very different. The regulatory setup is different. It has parts that rhyme with the US, but as you well know, each country is slightly different. Even though, I guess, the UK is not under the EU, but even within the EU, each country has their own local version of regulation. That's very, very different. You know this probably better than anyone in the world. Payment processing is very different. There are many more card types in parts of Europe than, say, in the US. Industry dynamics on retail are very different. In the US, we have a fragmented retail industry that has a lot of different players. That's more concentrated in the UK?…

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