Pizza price collusion

Earlier this spring, the NY Times covered a pizza price war that had two neighboring pizzerias incrementally reducing their pricing in a mutually destructive fashion. Well, in a blatant example of collusion, both pizza shops have raised their prices back to a dollar, and FOR SOME REASON THE ATTORNEY GENERAL’S OFFICE IS REFUSING TO COMMENT.

“Any agreement to fix prices is illegal per se,” Harry First, a law professor at New York University and an antitrust expert, said. The action could violate not only state law, but also federal law if it involved interstate commerce. “Who knows?” Professor First said. “Maybe the cheese is from out of state.”

Via akuban

Pizza price collusion

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