Elizabeth Warren Gets Lauded — And Trolled — For Taking On $10B 'Big Sandwich' PE Deal That Aims To Club Subway, Jimmy John's And Arby's Under One Roof
Portfolio Pulse from Shanthi Rexaline
Senator Elizabeth Warren has criticized the $10 billion buyout of Subway by Roark Capital, which also owns Jimmy John's and Arby's, due to concerns over a potential sandwich shop monopoly. The FTC is investigating the deal. Warren's stance received mixed reactions on social media. The FTC's recent antitrust lawsuit against Amazon was also mentioned in the context of government scrutiny of monopolistic practices.

November 28, 2023 | 11:22 am
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Amazon is mentioned in the context of the FTC's antitrust lawsuit, which could have implications for the company's business practices and market control.
The mention of Amazon's ongoing antitrust lawsuit by the FTC could negatively impact investor sentiment due to potential legal challenges and restrictions on Amazon's business operations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50