Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

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Tuesday, September 11, 2012

NY Times reports - $1 Pizza Slice Is Back After a Sidewalk Showdown Ends Two Parlors’ Price War

Posted by D. Daniel Sokol

See the story here about the conclusion of the NY Pizza price war. The most important part is below:

All it took, it seems, was a brush with mutually assured destruction and one meeting of questionable legality.

“We make a compromise,” said Pravin Patel, who oversees Bombay Fast Food/6 Ave. Pizza, which sits a few feet south of 2 Bros. Pizza between West 37th Street and West 38th Street. “Both guys agreed. Both guys were losing money.”

And so slices returned to $1 about two weeks ago. Two slices and a soda now cost $2.75.

Scott Hemphill, are you reading this?

http://lawprofessors.typepad.com/antitrustprof_blog/2012/09/ny-times-reports-1-pizza-slice-is-back-after-a-sidewalk-showdown-ends-two-parlors-price-war.html

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