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by FuriouslyAdrift 1442 days ago
Luxottica merged with Essilor in 2018. It's now a French-Italian company.

They own: Ray-Ban, Oakley, Michael Kors, Varilux, Crizal, Transitions, LensCrafters, Clearly, EyeBuyDirect, FramesDirect.com, OPSM, Pearle Vision, Sears Optical, Sunglass Hut, Target Optical, Vision Direct, Vision Source, et al. https://en.wikipedia.org/wiki/EssilorLuxottica

2 comments

The more interesting/disgusting part is that they own EyeMed, so for many people they also get your insurance premium, and then also what you pay for glasses or whatever.

https://en.wikipedia.org/wiki/Luxottica#Medical_managed_care

I personally view vertical integration much more favorably than the Borg-like horizontal consolidation Luxottica exhibits.

Consider that CostCo does the same thing and members are generally happy about it.

Hm, that looks like a good case for an anti-trust action.