Geee Posted November 28, 2023 Share Posted November 28, 2023 Reason 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. (Witness her war on Amazon-branded chargers.) Her attack on America's alleged "sandwich shop monopoly" scores new points for pettiness. It also shows just how broad (and therefore meaningless) the word "monopoly" has become in modern political discourse—and at Lina Kahn's FTC. Link to comment Share on other sites More sharing options...
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