A consequence of the preceding two papers is this. Let ${A_t: 0 \leq
t < \infty}$ be the filtration of a stochastic process on $(\Omega, A,P)$.
Under a mild assumption on the process, there exist, for any $\varepsilon >
0$, uncountably many probability measures $Q_\alpha$ with $(1 - \varepsilon) P
\leq Q_\alpha \leq (1+ \varepsilon)P$ so that no two of the filtrations
$(\Omega, (A_t)_{o \leq t}, Q_\alpha)$ and $(\Omega (A_t)_{o\leq t}, Q_\beta),
\alpha \not= \beta$, can be generated by equivalent stochastic processes.