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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s