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In response to Subway merger, Elizabeth Warren calls for FTC to investigate America's 'sandwich shop monopoly'

Elizabeth Warren,Politics

From the Center

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 a 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...

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