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Money quote: >“Federal officials fell asleep at the wheel,” Dahan said. “They should never have allowed all these companies to roll into one. It destroyed compe
by mLuby 8y ago
Money quote:
>“Federal officials fell asleep at the wheel,” Dahan said. “They should never have allowed all these companies to roll into one. It destroyed competition.” Butler said it should be clear from EssilorLuxottica’s practices that the company has too much market power. “If that’s not a monopoly,” he said, “I don’t know what is.”
Where's the public outrage? Maybe because they're foreign companies? Maybe because the price crept up slowly over time? Maybe because glasses are tied to the medical industry where consumers have come to accept absurd prices? :(
Worth noting there's always some markup for brick-and-mortar locations, and for something people like to try on before buying that's (was) a big deal.