The hon. Gentleman is absolutely right to make that point, and I thank him for it; I join him in praising colleagues across the House for their work on these important matters.
However, I have a particular question for the Minister, which also came up in some of the interventions: what would be the nature of our involvement in the agency both immediately after Brexit in handling transitional arrangements and in the longer term? A similar question would apply to a number of other agencies. Perhaps the Minister can address that in her concluding remarks.
There is already an agreement between the EU and Canada on competition. This decision extends the powers so that both sides will be able to exchange evidence collected in the course of their investigations.