3 ms·
I think they're already working with Luxottica who is the dominant (close to monopoly player) in the glasses/lenses market, although an acquisition of them woul
by atlasunshrugged 6y ago
I think they're already working with Luxottica who is the dominant (close to monopoly player) in the glasses/lenses market, although an acquisition of them would be huge (current market cap is about 57B euro)
https://www.cnbc.com/2019/09/17/facebook-enlists-ray-ban-maker-luxottica-to-make-orion-ar-glasses.html https://www.cnbc.com/2019/09/17/facebook-enlists-ray-ban-mak...
- ponker 6y agoMost of Luxottica’s value is in the monopoly control of the eyeglass business. A pure Lens manufacturer can be had much more cheaply.