Sen. Elizabeth Warren (D-MA) has a new enemy: Big Sandwich.

The senator recently opposed what she says would constitute a sandwich shop monopoly.

THE CHALLENGES MATT GAETZ FACES AFTER LEADING HOUSE INTO UNCERTAINTY

Earlier this year, the private equity firm Roark Capital signed a $10 billion purchase agreement to buy Subway — the company already owns sandwich shops such as Jimmy John's, Arby's, McAlister's Deli, and Schlotzky's.

"We don't need another private equity deal that could lead to higher food prices for consumers,” Warren posted on X, the social media website formerly called Twitter. “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."

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. https://t.co/mAFuuFYA5A

Let’s ignore the absurdity of Warren complaining about McAlister’s Deli, given that the chain has zero locations in Warren's home state of Massachusetts. The most bizarre part is her notion that the private equity firm would constitute a sandwich shop monopoly following its Subway purchase.

A monopoly exists when one company has total control of a commodity or service. Creating a sandwich shop monopoly is nearly impossible in a country of over 330 million people. Independent sandwich shops, grocery stores, restaurants, food trucks, and sandwich chains not owned by Roark Capital exist throughout the country, including Massachusetts.

Also, most people, including children, know how to make a sandwich. Many people even pack homemade sandwiches for lunch when they go to work or school. That said, if someone wanted to start a sandwich shop, he or she could succeed by offering different or better options than shops such as Subway.

Although Warren enjoys class-warfare politics, stoking resentment against success , there is nothing wrong with a company owning multiple different sandwich chains. Roark Capital does not have a monopoly on the sandwich industry, as consumers have choices in the sandwich market. The firm's acquisition of Subway does not prevent them from getting sandwiches elsewhere or choosing to eat a different type of food.

It turns out that the free market often does an adequate job of meeting the takeout sandwich needs of the public. If Warren wants to look into food problems, perhaps she should address poverty and hunger in the Bay State, urban food deserts, toxic food additives , and the obesity epidemic . She could do this rather than complaining about a largely Southern business such as McAlister's — or Subway, which pays all its Massachusetts workers at least $15 an hour.

Before she posts online, perhaps Warren should pay more attention to her state and the needs of her constituents.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

Tom Joyce ( @TomJoyceSports ) is a political reporter for the New Boston Post in Massachusetts.

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Elizabeth Warren wants to break up Big Sandwich

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27.11.2023

Sen. Elizabeth Warren (D-MA) has a new enemy: Big Sandwich.

The senator recently opposed what she says would constitute a sandwich shop monopoly.

THE CHALLENGES MATT GAETZ FACES AFTER LEADING HOUSE INTO UNCERTAINTY

Earlier this year, the private equity firm Roark Capital signed a $10 billion purchase agreement to buy Subway — the company already owns sandwich shops such as Jimmy John's, Arby's, McAlister's Deli, and Schlotzky's.

"We don't need another private equity deal that could lead to higher food prices for consumers,” Warren posted on X, the social media website formerly called Twitter. “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."

We don't need........

© Washington Examiner


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