Ro Khanna Quotes
I'm for strong antitrust enforcement.
Khanna, Ro. "I'm for strong antitrust enforcement." Twitter, 16 Jun. 2017, twitter.com/rokhanna.
A justification of some mergers that would lessen competition was that the consumer would not be harmed as the merger will produce cost savings that could be passed on to the consumers. However, others argued that if the competition were reduced there would be no pressure on the merged companies to pass any savings along to the consumer. However, in this opinion, Justice Douglas set forth a basic principle of regulatory law: Even though the merger might have some consumer benefits, that is still no justification for doing.
Rohit Khanna is an American politician, lawyer, and academic serving as the U.S. Representative from California's 17th congressional district since 2017. A member of the Democratic Party, he defeated eight-term incumbent Democratic Representative Mike Honda in the general election on November 8, 2016, after first running for the same seat in 2014. Khanna also served as the Deputy Assistant Secretary in the United States Department of Commerce under President Barack Obama from August 8, 2009, to August 2011.