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Democratic Massachusetts Sen. Elizabeth Warren expressed her displeasure Sunday over the potential monopoly status over purchasing sandwich companies.
“We don’t need another private equity deal that could lead to higher food prices for consumers. The @FTC is right to investigate whether the purchase of @SUBWAY by the same firm that owns @jimmyjohns and @McAlistersDeli creates a sandwich shop monopoly,” Warren said on X.
The Massachusetts politician referenced the decision by the Federal Trade Commission (FTC) to open an investigation over the purchase of Subway. The FTC is investigating Roark Capital after it purchased many fast food franchises like Subway, Jimmy John’s, Arby’s and other such sandwich-related companies, Politico reported. Roark Capital bought Subway back in August for around $10 billion, the outlet noted.