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Most eyeglasses cost under $10 to make, lens included. It's still an expensive item thanks to the near monopoly of both frame and lens production. Nearly every
by oldcynic 8y ago
Most eyeglasses cost under $10 to make, lens included.
It's still an expensive item thanks to the near monopoly of both frame and lens production. Nearly every brand you know are owned by just two companies. Those two are now merging: https://www.theguardian.com/news/2018/may/10/the-invisible-power-of-big-glasses-eyewear-industry-essilor-luxottica https://www.theguardian.com/news/2018/may/10/the-invisible-p...
- ianai 8y agoExcellent example of the “free”economy not working toward efficiency and actively working toward concentration. We really need more,checks and balances.
- specialist 8y agoYup. The Freedom Markets™ cult perpetuates the fiction that corporatism == capitalism. Corporations are explicitly anti-competition.
- bane 8y agoIt's easy. Go start a glasses frame and lens company and sell them for less. There's nothing at all stopping you.