STATEMENT: Rep. Khanna on today’s oped by Chris Hughes in the NYT
In response to today’s oped in the New York Times by Facebook Co-Founder Chris Hughes, Rep. Khanna issued the below statement:
“Chris Hughes is a thoughtful voice for those left out of the digital economy. I agree with him that, in retrospect, the FTC should not have approved Facebook’s acquisition of Instagram & WhatsApp in 2012. I believe the way forward is to heavily scrutinize future mergers and to ensure no company has anti-competitive platform privileges.
The history of the Valley is the giants of the past —AOL, Yahoo, Cisco, even Microsoft —make way for the giants of the future. We need well-crafted regulation to ensure that continues.
It is important that America never surrender its lead in innovation to China’s Alibaba, TenCent, or Baidu. But our focus on innovation must be balanced with a commitment to consumer privacy and promoting competition. The Microsoft case of the 90s provides the best model forward.”
About the Office
Congressman Khanna represents the 17th District of California, which covers communities in Silicon Valley. Visit his website at khanna.house.gov. Follow him on Facebook, Twitter, and Instagram @RepRoKhanna.