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by jared314 4113 days ago
From the article:

Consumers do not get a break. At LensCrafters, the average cost for a pair of frames and lenses is about $300. You may think -- well, there's choice in the mall for other glasses. But Luxottica doesn't only own the top eyewear chain in the country, it owns another large chain: Pearle Vision, and Oliver Peoples, and several boutique chains. And it runs Target Optical and Sears Optical. And we're not done, Luxottica also owns Sunglass Hut - the largest sunglass chain in the world.

The cost of frames is not based on the cost of traditional manufacturing. Luxottica controls the market, like De Beers and the diamond market.

1 comments

I didn't reply very intelligently. How does 3d printing the frames lower the barrier to entry for competition?