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Standard economic theory would say that if there are egregious margins, new players would enter the market and competition would bring down the price. That appe
by PakG1 9y ago
Standard economic theory would say that if there are egregious margins, new players would enter the market and competition would bring down the price. That appears to happen now and then and then Luxottica buys up the players, keeping the prices steady? Alternative explanation that keeps with the facts.