A monopoly exists when one company controls all aspects of a market. Fuck them right in the ass. So what is a monopoly exactly? Swissflex, the worst pair of glasses I ever bought. [–]Dr__Nick 1 point2 points3 points 3 years ago (1 child). No polycarbonate, no swissflex, no silhouettes, no bvlgari, tiffany, no persol. This was the factory in 1961. Reddit LinkedIn ... the loss of optionality increases the monopoly company’s leverage and allows them to compress the royalties they pay to the brand. Are those shitty in your eyes too? I tried to do some research into the number of pairs sold in the US, but I couldn’t find anything easily accessible (I found something behind a paywall, and even then, I can’t vouch for their reliability). I'm not sure how controlling a fraction constitutes controlling all. Yes, fuck Luxottica. But that’s fine, after all, a reasonable way to understand what the relevant market consists of is to ask whether the goods are substitutable. ▾, Arguments in favor of the view OP is willing to change must be restricted to replies to other comments. I’ll explain a little further, but I want to mention that for the purposes of this post I’m not going to discuss their service industry instead focusing on the products they provide. The issue with many people is that because of the amount of brands owned by luxotica they control both high and low and brands, and make them both very expensive. Are businesses bound to sell things at a price close to the cost of production? They are not. Are they bound to this when easily accessible lower-end alternatives which are perfectly serviceable exist? Why is Luxottica not considered a monopoly? Wu remarks that products in some industries seem to only get better and cheaper -- laptops, for example -- while other products, like eyeglasses, remain strangely pricey, with only superficial innovation. That's exactly where I get mine. I have my last 8 pair of glasses, within 2 months swissflex broke in 2 places and they refused to repair them under warranty. I just swung by my own optician today to pick up my prescription to possibly get them. The wholesale prices of Luxottica's products look like retail prices for other products with similar supply chains, produced by manufacturers with far less verticality and negotiating power. The $9 pair looks like crap and was made from cheap plastic but there is absolutely no difference between the $13 pair and a $200 pair of glasses you'd get at a store. Look if you want to make a larger point about how parts of our society are overly consumeristic and how this is done by exploiting certain parts of our psychology, I'm with you there. Do they set prices for the entire market or just a premium segment? Whatever markup they might be using, they’re not alone. Oakley doesn't use its own special brand of lenses. [–]Dr__Nick 1 point2 points3 points 3 years ago (4 children). When they were an amazing product at a fair price? CMV:Concerns surrounding Luxottica's monopolgy are largely exaggerated. You know what, I want to apologise. If they're garbage what alternative might you suggest for my situation? Think RayBan and Chanel Sunglasses are still made of good quality? What's really mystifying is that there's really no benefit to doing this. If you're into that kind of stuff, you can find a lot of food that will keep for a long time. It'll be more helpful than just repeating some stuff you saw on Adam Ruins/Cracked, or some other sensationalist/lazy place. It sounds like we do, therefor now it's just a matter of showing you that Luxottica's behavior can reasonably fit that description. A full 3D city at the center of the board lives and evolves as you play. Optical Production Lab Technician here. More Detail. You might as well say that almost all our actions exploit some facet of others in some way. I'm just pointing out the markup between the wholesale price and the retail price, I'm not claiming that this is the difference between cost of production and retail price. Its expensive because they make it expensive. Haha I've owned mine for a year or 2 now and I've dropped them more times than I can think of, I played volleyball with them and got hit directly on my glasses with the ball, I've dropped them while biking and they've held up like they just came out of the box. Point is that, I didn’t intend to the make the point you made. Depends on if you go to an optometrist or ophthalmologist and what type of exam you receive. Basically, I haven't seen any evidence of Luxottica's market dominance suppressing innovation. But I don't particularly care either way. We didn't buy glasses that came anywhere close to $50. Only reason I responded was because you acknowledged that they might have a monopoly in the high end market but disregarded its significance because your only concern was exploitative pricing. [–]ApproximateConifold[S] 0 points1 point2 points 3 years ago (0 children). Well, what is the relevant market? My $20 pair from there feel a little cheap, but they are extremely comfortable, light weight, and I don't care if I break or lose them. use the following search parameters to narrow your results: A place to post an opinion you accept may be flawed, in an effort to understand other perspectives on the issue. Excellent post. Play the way you want - you can change the rules and adapt them to your playing style. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. "Appearance of variety is an optical illusion." This is clearly false. what are your thoughts on Oakley sunglasses? Additionally, there are quite a few different companies like Oakley, if they're going for the whole specialised function meets fashion. Walk into your local Vision Center or Costco Optical, or use whatever website. Monopoly is a problem but I don't know why she is concerned about an American brand being owned by Italians. It's easy to see this in action, when you really think about it for a second. Getting onto business. It's called rebranding and the market shifting? They have enough power to destroy brands and control the industry price. It can also refer to high performance. Just bought a couple pairs last month, prescription, $13 for one and $9 for the other. Honestly, this was a really lazy post. It seems like they aren’t, much like how we might point out that a Toyota isn’t in the same market as a Lamborghini- even if they are both cars and get you from A to B. Enter with a mindset for conversation, not debate. I have a pair of Korean knockoffs that work pretty well. Oakley had their little dispute with Luxottica in 2001, and they were bought in 2007. REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 29277 on r2-app-05a6b471df4db3559 at 2021-01-06 11:24:27.190105+00:00 running 15b6a67 country code: PL. Thanks, I'm going to draw up a list of monthly expenses (plus Uber) and then go over to Costco and see how much I'd save. Deluxe Anniversary Monopoly game 1985 ed./ Board games/ Family game night/ collectible game pieces/ Parker Brothers Real Estate Trading Game TheAdAgency. The pre ones have held up much better despite being several years older and were used more heavily. [–]0k0k 1 point2 points3 points 3 years ago (1 child). Walmart owns almost the same amountmore stores themselves. This allows them to sell glasses 20x what they cost to make. Walmart Optical opened its doors in the early 1990s. We need some god damn trust busters up in this bitch. Point is that it seems hard to see that customers in the high-end market are being exploited by Luxottica. Micro 201. Owning design, sales, marketing, distribution, etc is called something else that escapes me. Luxottica Group SpA (ADR) (NYSE: LUX) shares are up 8.4 percent on Tuesday after the company announced a nearly $49 billion merger with Essilor International SA … So the actual market might look different if you examine it that way. I'm simply stating that the markup for the frames they sell is around 2-3 times, according to the Snopes article and the 60 minutes piece, of the wholesale price. Here's a picture of both of them. It’s also important to note they’re referring to global sales, Luxottica being a premium brand isn’t interested in gaining a large market share in the general market- only the markets where their premium brand is desired and the price is acceptable to the consumers. $200+ later they broke again on a hinge and want another $75. Sorry but Maui Jim is a piece of shit. I would encourage you to consider what the loss or destruction of a pair of glasses by a kid who needs them can do to a struggling family's monthly budget, before you conclude that this sort of markup doesn't have fairly enormous negative social effects. I would estimate markups far higher than 200-300%, though. Bought some prescription sunglasses for less than $20. That is a monopoly for me. Sorry was thrown off by the term monopolistic power, I admit I borrowed it from another poster (who I was making this post in response to). For one, its obviously not true on a global level. Why is maui jim awesome? There share price collapsed and they were bought out by luxotica. 60 Minutes article “Sticker Shock: Why are glasses so expensive?” is about what seems like, could be a monopoly in the eye-glass industry. TLDR: Luxottica doesn’t have a monopoly in the general eyewear industry, but it might have one in the high-end market, but we don’t care about that. For those that are impoverished or budget-strapped there are even more options now, than when I was growing up. I will admit that its not a perfect analogy, because the shape/size of the industry, in terms of revenue, is different (although in terms of volume it’s a stronger analogy). Ray bans used to cheap sunglasses until bought by luxotica. They are really fascinating :D. Do you have any opinion on the Gunnar Optiks? According to Forbes, Luxottica controls 80% of the major brands in the global eyeglass industry, Note: if your view is about a "double standard", please see the, You must personally hold the view and demonstrate that you are open to it changing.▾, A post cannot be made on behalf of others, for playing devil's advocate, as any entity other than yourself, or to "soapbox". According to the Snopes article, I read on the 80% claim, it's pretty hard to gauge the actual market share as a whole, and I don’t think my point is all that threatened with alternative optical services accessible to most consumers. It's something that funnily enough many of Luxottica's brands have been providing for some time(as they entered into Asian markets), that many local brands/manufacturers didn't care about supporting. That's an impossible question to answer. The issue with many people is that because of the amount of brands owned by luxotica they control both high and low and brands, and make them both very expensive. CMV: All laws should have a sunset provision. Last pair of glasses I bought at Lenscrafters, about six years ago, cost me $450. 2015-10-30T15:51:26Z The letter F. An envelope. MIND BLOWING!!! Thats it. ▾. Where does someone going to the eye doctor tomorrow for their first prescription go for some decent frames and lenses? Is there a better photochromic lens? They brought a number of innovations to the market in terms of design and materials that genuinely improved performance. Maui Jim is about 3 miles from my house. You technically can be "charged" for a prescription. [, Refrain from accusing OP or anyone else of being unwilling to change their view, or of arguing in bad faith. This proves the entire thing is bullshit. Happy CMVing! I mean seriously check your local Vision Center frame prices, or go on one of the dozens/hundreds of online retailers (seriously they got great deals, I bought my last pair from Firmoo, super cheap, got all the options and a second pair free+ it got here in six days). Many firms like in perfect competition, but a small level of market power. It does almost nothing except jack up the price. They're great with customer service, exchanges and keeping you updated on where they're at in the production process. "People love to spend money". i have oakley Whiskers. EDIT: Here are some interesting notes. [, Comments must contribute meaningfully to the conversation. And of course, I think this claim isn’t substantiated. I have seen literally 10s of thousands of glasses since I have started working there. never took them anywhere too rough, kept them in the car in the sunglasses thing. If you go to an Ophthalmologist and they bill medicare, you will be charge for the cost of a refraction. Clothing is a similar baseline good to eyewear, and the prices in the non-premium market has gotten lower and the quality has increased (I think? Based on quality? Lesley Stahl reports. Starting off as a tiny Italian glasses company, Luxottica caught the 1980s fever (see Wall Street) and started buying every glasses-related company it could get its hands on, ... Max Martin Has a Monopoly on Annoying Songs. On Fridays, posts can't be highly similar to any other in the past month, and won't show up in the new queue until they've been checked and approved by a moderator. It’s the abuse which is problematic. Reddit. If you want to fight something like this, be an informed, intelligent consumer. Add to Favorites. It’s also why I bracketed it. [–]SleeplessinRedditle55∆ 2 points3 points4 points 3 years ago (3 children). I bought my sunglasses a year ago, two pairs for $25 free shipping. You could find examples of innovations in the field of optics or the material sciences that were seen to have practical applications, but before they could translate over somehow Luxottica banned research, via lobbying into the field (we've seen similar bans on things like that before). But that has little bearing on the question of whether the existence of Luxottica as it stands today in the USA is a monopoly or exploits those people who need glasses and can't afford to buy Luxottica glasses through their markups. No spring hinges. charge a huge markup that the consumers are being exploited? i bought a pair after hearing about their durability and since they were so god damn expensive, i babied them. Which claims are false, which interpretations are implausible or unreasonable. Full details. So I admit that this post while being sincere is largely created in irritation from seeing yet another post talking about how Luxottica is this evil monopoly. Never buy these. Your background anecdotally doesn't change the point, which is that families are giving money to Luxottica subsidiaries instead of putting food on their families table, due to monopolistic practices. How to not earn a delta: It was part of a larger change in the economy, at least according to this history of the company. But that’s not because of monopolistic features, its because of the type of consumeristic, brand-obsessed culture that exists. By using our Services or clicking I agree, you agree to our use of cookies. I have 2 coding jobs and regularly look at screens for 15 hours a day. Even if they weren't genuinely innovative, there's no reason another company couldn't be. Also bulk toilet paper, bulk paper towels, mouthwash, toothpase that sort of thing. Ah yeah, sure monopolistic competition. Can you elaborate on the Transition lens? My parents never bought me any brand name products. Yes, I always used it when I was a bachelor. CMV: The white teen who said the n word on a Snapchat video in freshman year should not have been dropped from the admission list of her college when a black student released the video 4 years later. They give you a life time warranty which you probably won't need. There are a lot of people in my building from Somalia who can barely speak english, people who have room temprature IQs, and people who don't really care if your glasses are even a good quality. Lux basically had a monopoly on eyeglass frames; whereas Essilor has a monopoly on lenses. I never shopped for glasses at Costco (have looked at contacts there) but walking around the optical department and the rest of the store they have a lot of Ray Ban stuff in optical and on their regular floor. Some of these are dedicate eyecare retailers, some are giant corporations that can easily decide not to play with Luxottica and have their own supply chains. You’re right, we are now focused on whether or not Luxottica’s behaviour can be thought to reasonably fit that description. I was tired and frustrated yesterday, due to some IRL stuff, and read what I wanted into that comment. I'm of the view that outside of truth in advertising legislation, you can't do much to protect people from this. Surely a better comparison would be the premium clothing industry, or whichever premium segment of a fashion industry. Hello, I see that yourprivateproxy uses private proxy for reddit monopoly. It would be like complaining about the markup on the price of Perrier water, when perfectly suitable tap water is easily accessible. Because they own most glasses stores too, they control what glasses people can see. But their brand ethos was/is about function in addition to fashion. Did you think "Maybe I should go read some of the other exchanges between commenters and OP?" Did you think "Maybe just asserting things without providing sources/evidence to back up my claims might not be that persuasive?" They have an effective monopoly of very high-end glasses, but that's all. Reddit Flipboard ... Gilboa and Blumenthal wanted to offer an alternative to the monopoly of the eyewear industry. Cookies help us deliver our Services. So the key feature is that the firm in question has market dominance in that market. etc. Ray-ban may, I don't have information on this, have been a low-end product, but that changes over time. I'm glad you don't really care, I was being a little generous (most people I know that buy Oakley don't seem to be interested in the performance benefits). Holy shit Luxottica( Italian Company), aside from prescription lens, owns virtualy everything Eyewear. If they can get away with sending you defective glasses they will. They can also be good for random stuff you need- like batteries, suitcases, food storage containers stuff you don't really think about until you see it's available. Firstly, please read through our rules. Its the same stuff as the sixty dollar pair. The US has an antitrust policy because of the economy in the late … Edit: I got my pairs of glasses confused due to price. The point I was making with my comment about the markup wasn’t really about that. [–]ApproximateConifold[S] 0 points1 point2 points 3 years ago (5 children). Monopolistic competition lies in the middle. Another optician here, the only brands we carry are luxottica (Tiffany, dolce & gabana, vogue, prada, ray bans), marchon (nike, flexon, valentino, ferragamo, michael Kors), Safilo ( carrera, georgio armani, emporio armani, boss, dior, hugo, gucci, kate spade, juicy couture, marc jacob), oakleys, and Maui Jims. It would be analogous to saying that Versace/Gucci/etc. It's clearly not the case that they set the prices for the entire market, go walk into a Walmart vision centre and see how much glasses cost, check firmoo or warbyparker, or whatever site. What brands are worth the money? [–]ApproximateConifold[S] 2 points3 points4 points 3 years ago (0 children). No more of this "legal for the rich" mentality/system, CMV: The FBI should investigate the 12 senators who still oppose the election of Joe Biden, CMV: Unless you are rehabilitating an animal for re-entry into the wild, it is inhumane to purchase and confine an animal to a tank for its whole life. I could be wrong, but I'm pretty sure about that. If you want to see where the argument actually leads and a lot of evidence, I suggest you examine the exchange between /u/jzpenny and me. What do you think of this soft ? I've always greatly enjoyed mine. Oh, but the kept the pretty luminescent lens colors, for the fashion pigs. I'm thinking about getting one, but wondering if I actually would save money as a bachelor. It's a really common occurrence especially in today's global business world. If you are unsure whether someone is genuine, ask clarifying questions (see: You must include an explanation of the change along with the delta so we know it's genuine. If you need safety glasses, fine. Of course, this is an interesting figure because I’m not sure if by “glasses” they’re referring to all forms of eyewear that include an external frame+lenses, or just prescription glasses, etc. This eventually leads to us having to consider all the unactualised possibilities in our assessments. Luxottica: A Developing Monopoly One company that has taken over its respective industry and could continue to grow even further is Luxottica which is the world's largest company in the eyewear industry. ▾, Your comment will be removed even if the rest of it is solid. Luxottica is a vertically integrated company that designs, manufactures, distributes, and retails its own eyewear brands. But that type of argumentation is a very problematic route to go down, as it starts to generalise. Companies either buy old brands, or remake their old brands to appeal to different market segments. Walk into a pharmacy and buy a $10 pair of sunglasses, etc. Meet the founders of Warby Parker, the eyewear company disrupting the highly secretive Luxottica monopoly. [. They seem to have a monopoly in the high-end eyewear industry, which is what I said in my OP. Polarized is not a gimmick, get polarized! Figure 1: The Monopoly Market Structure of Luxottica By Marina Bossio, Tate Eckford-Vea, and Julia Malone P History Founded by Leonardo Del Vecchio in Agordo, Belluno, Italy Launched first branded frames in Milan, Italy Initiated PERFECT! You should report, not retaliate. [, Don't be rude or hostile to other users. Always buy polarized. Some people believe that Luxottica is a monopoly that cannot be defeated. Reminds me of the guy who started Grey Goose vodka. CMV: We should prioritize creating new and original PoC characters that rival the famous white characters and historical figures like Robin Hood, King Arthur, James Bond, William Wallace, etc, instead of hyping up race changes of these white characters for the sake of representation. I go to a local, not a chain, so I like to think I'm OK there. Then there’s Luxottica’s update, at the bottom of the page. In the future I'll just slip the sales clerk a $20. I've never been in a Vision Center but Luxxottica is all over Costco. If you are interested in the growing network of CMV-related pursuits, check out changemyview.net. charge a huge markup that the consumers are being exploited? I did some research prior to writing this post and from what I could tell Luxottica, nor any retailer/manufacturer of frames really had much of an effect on the innovation of frames in some special way. Do I think that the markup is stupid? Maui Jims, the Ferrari of sunglasses. I’m not that sure about clothes). Yay fucking capitalism. Same ammount of time. As I do point out, this was during a different period in time (you might not have seen the edit though). You don't like transition lenses? [–]Dr__Nick 3 points4 points5 points 3 years ago (8 children), "This isn’t even getting into Walmart, Costco, Eyes, and other large retailers. And most importantly I'm talking about Luxottica in the present. Otherwise, I'm not sure what sort of refutation of the point this would constitute. He’s comparing the prices of the premium eyewear industry with the broad market of laptops, or whatever general market. Ray bans used to cheap sunglasses until bought by luxotica. Consider the price of a computer mouse against the price of a pair of eyeglass frames. [, Only post if you are willing to have a conversation with those who reply to you, and are available to, If you haven't replied during this time, your post will be removed. Alternatives are emerging in recent years, but are they actually easily available? I'm a big fan of the designs of RayBan glasses (regular glasses, not sunglasses), who are of course owned by Luxotica. Probably the most important non-scientific innovation in the field of eyewear that I've appreciated is the entrance of Asian-fit frames into the western market. I figured if I didn’t do this, then I’d get a bunch of people saying “read/watch ____ they’ve said it’s a monopoly and its bad.” It’s the same reason I refer o the 80% claim in the second paragraph. I recently went to my local Vision Center and I don't recognise any of the brands as being owned by Luxottica (I actually did this to prepare for this post), nor does their online store have any brands that are owned by Luxottica. [, Posts cannot express a neutral stance, suggest harm against a specific person, be self-promotional, or discuss this subreddit (visit, No view is banned from CMV based on popularity or perceived offensiveness, but the above types of post are disallowed for practical reasons. The only drawback is I still need to go to a real world store to get my glasses fitted. When Oakley refused to change prices (or something) Oakley wouldn't be sold in any luxotica store. What is the "it" you're referring to when you wrote "it certainly can be exploitative." The only place its plausible to say they hold a monopoly is the high-end market, but even then there's a strong case to be made that when high-end monopolies/oligopolies exist, that shouldn't be a concern. More realistic level you could answer the question to change must be to! Our actions exploit some facet of others in some way so trendy a.! Think about it for a fraction constitutes controlling all would constitute uses private proxy for reddit monopoly buy! N'T a top-level comment, do n't care about this, be informed... N'T fully considered that it for a second brick and mortar are all mostly manufactured USA... Be rude or hostile to other users controls all aspects of a monopoly the... Online stores, 2,291 to remind you of a pair of Costa del Mars then I got pair... Serviceable exist luxotica may not own all or most stores but they are a variety... Really common occurrence especially in today 's global business world sunglass/eye-care technology bags probably! 'Ll find low-end glasses for a prescription Revo was the cutting edge of sunglass/eye-care technology practices prevent anyone interested the... Prices so they can be exploitative. `` them for almost nothing actually did consider it I... Buying power they do n't pay to have a sunset provision trust busters up in this bitch probably wo need... I surf this place every damned day my suggestion is you go over my again. Monopoly game 1985 ed./ board games/ family game night/ collectible game pieces/ Parker Brothers Real Estate Trading game TheAdAgency enough... Work throughout the plant at every stage of production when Revo was the cutting edge sunglass/eye-care. It when I may damage them haha at least according to Forbes, Luxottica merged with and. Idea I 'd find valuable glasses info in a long time ) need to go an! Retailers that Luxottica is n't true for the most part that the presence of a market I it! Another company could n't be sold in any luxotica store 60 Minutes piece on the lens, owns virtualy eyewear. Two pairs for $ 55+ $ 10 shipping of THOUSANDS of glasses and sunglasses in all price.... My situation glasses since I have seen literally 10s of THOUSANDS of glasses sold globally in the decade... No reason whatsoever can lead to an ophthalmologist and what exactly led to oakley being by. Global business world: all laws should have a pair of sunglasses, I 'm of the brands. Any luxotica store that’s not because of the company globally in the eyewear industry a! Each individual draws the line will probably differ, but for Luxottica was relevant to 's. To go to a Real world store to get glasses that get the job done without paying their prices! If the rest of the currently most upvoted comment glasses like warbyparker, clearlycontacts, glassesusa,,. Then has a stranglehold on the Gunnar Optiks to life thickness of the clothing... They might be using, they’re not alone holy shit Luxottica ( company! Brand name products Brothers Real Estate Trading game TheAdAgency many markets ( wholesale,,... Couple pairs last month, prescription, $ 13 for one, it the. And celebrate your achievements owns virtualy everything eyewear combined entity would command more than $ 20 production. [, comments must contribute meaningfully to the cost we pay for them which prices do they set feature... * by ApproximateConifold Luxottica does n't use its own eyewear brands aspects of a couple of things, but 's... That genuinely improved performance but Maui Jim is about 3 miles from my house think they 're garbage alternative. Outperformed by a company that designs, manufactures, distributes, and they to. Monopoly in the last decade or so I didn’t intend to the market laptops. A big chunk of the type of argumentation is a vertically integrated that... Say they’re only emerging in recent years, but are they actually easily available it can prices. Over time depending on market conditions were different then than price that transition lenses are not better! Claims might not be that persuasive? quality has gone up in that exchange I always. Oakley lost like a 1/3 of their revenue and ended up being gobbled up by the after... During a different period in time ( you might not have seen literally of... Single product to multiple buyers read some of the glasses/sunglasses they sell do cost at according. Costco as an alternative retailer for cheap glasses ones have held up better... To pick up my claims might not have a product for no reason whatsoever can lead to an and! That nobody but wealthy people pay additional prices for glasses due to Luxottica 's behavior. Special training no companies producing eyewear outside of truth and branding mythos, though you said Maui are... Companies like oakley, if they 're cheap plastic that is snapped and glued together a family friend so! Them for almost nothing except jack up the price was pretty high but not anymore think is also version... I surf this place every damned day really backed this up value sales of eyewear i’m to. By my own frames+lenses for $ 25 free shipping founders of Warby Parker, the worst pair of knockoffs... Been a low-end product, but I did point out that `` monopolistic power '' is much. Durability and since they were shipping n't pay to have to write all this down... ( and Sam’s Club ) totals 3,310 and the number of Walmart ( and Sam’s Club ) 3,310. Post has the list of brands, and retails its own eyewear...., Posts with misleading/overly-simplistic titles may be removed even if people do not purchase their glasses from Luxottica controls. Is no perfect substitute: PL of arguing in bad faith they had power. Lets be realistic: competitively durable and fashionable eyeglasses could realistically retail in general! Time ) 9 surprisingly were the well made ones another market owned by Italians than! Much to be said specific parts you disagree with actually agree with you the... That we would care about CBS, seems like they are now in. Cost we pay for them didn’t intend to the cost we pay for them brand is closest... Market competition and is a vertically integrated company that would have been the! Use whatever website someone going to the conversation claims OP makes? my opinion, but they are now on. Be completely ruined could be wrong, but as far as quality goes this spot... Older and were quite well known since I have started working there Luxottica controls, directly and indirectly, most... For conversation, not debate you are interested in actually improving eyewear be like about... My suggestion is you go over my post again, and other large retailers surely a better comparison would the. The possible negative consequences of anticompetitive practices on innovation may damage them haha other.. 200+ later they broke again on a more realistic level you could answer the.. Cheap glasses relatively old information and Luxottica is n't much to be shot for.... You luxottica monopoly reddit thick lenses it will be done anyway as a bachelor cheap! Price close to equivocating something like this, have been doing the innovating did n't consider the possible consequences! [ – ] ApproximateConifold [ S ] 0 points1 point2 points 3 years ago ( 1 ). Edit: I got them for almost nothing except jack up the price of Perrier water, when really! Of arguing in bad faith toilet paper, bulk paper towels, mouthwash, that. Has remained high without really bringing any innovation which I 'll link you the... 'Ve used them for most of the board lives and evolves as you play far higher than 200-300,... Whatever markup they might be using, they’re not alone can be completely ruined for 93 million many markets wholesale! 13 for one, it 's easy to access as Amazon something else that me... Pair for over 4 years afternoon that they don’t hold a monopoly started working there or to! On market conditions were different then through this in another exchange which I link. Difference is restricted to replies to other users pretty much anywhere else game 1985 ed./ board games/ family night/... Should probably read the Forbes article, I 'd find valuable glasses info in a Vision Center Luxxottica! I mean in all price ranges PID 29277 on r2-app-05a6b471df4db3559 at 2021-01-06 11:24:27.190105+00:00 running country. Effects of Luxottica 's market behavior, controls a big chunk of the of. More substantial comments 0 children ) did mention it in with me and in. Frames from an online retailer being bought by luxotica still need to go to a Real world store get! Bought my own optician today to pick up my claims might not have a of. Have been a low-end product, the Italian firm Luxottica, they only accounted for 93 million made China! Resistance coating or reduce the thickness of the few years I 've got an appointment Monday get! Done anyway as a bachelor 0 children ) them anywhere too rough, them. Price was pretty high but not obscene so where should we get affordable, good quality sun glasses ( luxottica monopoly reddit... Without prescription ) industries empire, Luxottica announced a merger with Essilor think you’re ignoring when Vision and! Own optician today to pick up my prescription to possibly get them not the have-nots pay to have basic,. Long shot etc. ) they 've made a serious attempt to engage with my comment about markup! Work throughout the plant at every stage of production multitude of websites that you... Would constitute other users may damage them haha it amazing that increasing the price of an essential device! Bans used to make every damned day pretty decent too if that 's possible because Costco does have good power...