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Luxottica Monopoly

Created by M.C. on September 22, 2016

Luxottica is an Italian/American company that owns 80% of all eyeglass wear. They set the price on all eyeglasses much higher then they should be knowing there's no competition to compete with them and are by definition a monopoly. One which should be broken up by the federal government to help make the market competitive and lower the average price of glasses for all Families. Luxottica like many large corporations has slipped through the cracks by providing people with the illusion of choice offering so many different brands. All of these brands are produced from one Factory, the only thing that's different about them is the label that is stamped on. When nearly 60% of all Americans require eyeglasses at some point in their life it would behoove us to get this Monopoly under control.

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