Eyewear mega deal could hurt U.S. consumers, but still be approved


Opponents of the deal include not only smaller rivals, but also the U.S. Democratic Party which noted that eyeglasses were increasingly difficult to afford and said the industry was an example of one that has “seen rising concentration that deserves careful scrutiny, and enforcement.”

Smaller rivals and optometrist groups worried about higher prices in their shops have met with Federal Trade Commission (FTC) staff to express concerns over the deal, according to a source familiar with the process. The eyeglass makers fear losing access to inputs such as lenses, according to two sources familiar with the process.

Source: Eyewear mega deal could hurt U.S. consumers, but still be approved

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