5 ms·
Fun fact: Costco and Walmart surface their lenses on equipment made by Essilor (Satisloh subsidiary). Also if you're buying "transitions" branded photochromati
by evarady 8y ago
Fun fact: Costco and Walmart surface their lenses on equipment made by Essilor (Satisloh subsidiary). Also if you're buying "transitions" branded photochromatic lenses - that's Essilor too.
- interlocutor 8y agoIf EssilorLuxottica was an American company the EU would have fined them a few billion dollars, and split them up a long time ago.
- ethagknight 8y agoI was wondering why the US hasn’t gone after Luxottica, and I’m guessing that’s the answer: US crackdown on Lux will lead to retaliatory action by EU.
- ariwilson 8y agoWho cares? EU is already going after American companies.
- marticode 8y agoThe US rarely cares about antitrust action anymore. Otherwise a lot of American companies would be sweating bullets right now. The US however slaps huge fines on foreign companies for breaching sanctions or bribery of foreign officials.
- lorenzhs 8y agoWhy? Which American companies did the EU split up? There was an article in the Economist this week criticising the US for fines levied on foreign businesses for misdeeds elsewhere: https://www.economist.com/leaders/2019/01/19/the-trouble-with-americas-extraterritorial-campaign-against-business https://www.economist.com/leaders/2019/01/19/the-trouble-wit... It's a recurring theme in HN discussions about fines that all the Americans think the evil EU is unfairly fining fine American companies, and all the Europeans think the evil Americans are unfairly fining their countries' fine companies :)
- Fins 8y agoI'm sure there are very few manufacturers of quality lens-making equipment. On the other hand my latest glasses where neither lenses nor frame come from E-L cost an arm and a leg, too.