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Subway might not be the only one that's freshly baked. Sen. Elizabeth Warren (D–Mass.) thinks the government should investigate America's alleged "sandwich shop monopoly."
"We don't need another private equity deal that could lead to higher food prices for consumers," Warren tweeted Sunday. She was responding to a Politico piece reporting that the Federal Trade Commission (FTC) is probing the private equity firm Roark Capital's $10 billion acquisition of Subway.
Roark already owns the sandwich-serving chains Arby's, Jimmy Johns, McAlister's Deli, and Schlotzky's. Warren said that adding Subway to that list could create a "sandwich shop monopoly."
The senator has made a career of crusading against such "monopolies," regardless of how monopolististic they actually are or beneficial to consumers they might be.
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"We don't need another private equity deal that could lead to higher food prices for consumers," Warren tweeted Sunday. She was responding to a Politico piece reporting that the Federal Trade Commission (FTC) is probing the private equity firm Roark Capital's $10 billion acquisition of Subway.
Roark already owns the sandwich-serving chains Arby's, Jimmy Johns, McAlister's Deli, and Schlotzky's. Warren said that adding Subway to that list could create a "sandwich shop monopoly."
The senator has made a career of crusading against such "monopolies," regardless of how monopolististic they actually are or beneficial to consumers they might be.
Elizabeth Warren Wants the Government To Investigate America's 'Sandwich Shop Monopoly'
The owner of Jimmy John's and Arby's has bought Subway, and a Massachusetts senator has concerns.


