The Luxottica Monopoly Explained

Next time you walk into a Sunglass Hut, realize you aren't in a store...

you are in a trap. You think you’re choosing between Ray-Ban and Oakley? You aren't.

One company, Luxottica, owns them both. In fact, they own the license

for almost every luxury brand on the wall. But owning the brands isn't the scam.

That’s just business. But that's not it! The scam is that they own the whole supply chain.

They manufacture the glasses. But they also own the shops—LensCrafters, Sunglass Hut,

and Target Optical. And here is the checkmate: They even own the insurance company,

EyeMed. So when you use "insurance" to buy glasses, you are just handing