A Business Rivalry 2

Jim's Gin Mill and Tom's Turkey Tavern compete for pretty much the same crowd. Each can choose between strategies of offering free snacks during happy hour or not offering free snacks. The payoffs are
Tom
Snacks No Snacks
Jim Snacks 20,20 50,-20
No Snacks -20,50 30,30

The Jim and Tom example illustrates

P-competition (price competition)
a Prisoners' Dilemma
homogenous products
a win/win solution
the benefits of cooperation