EU antitrust regulators on Tuesday extended their investigation into Ray-Ban mak...
The European Commission launched a full-scale investigation on Feb. 6 on worries that the deal could push up prices or reduce choice for consumers.
The deal has sparked concerns among retailers and rival lens makers, sources have told Reuters. EssilorLuxottica’s eyewear and retail brands include Oakley, Sunglass Hut and Spectacle Hut. The company was formed last year from the merger of French lens maker Essilor and Italian eyewear group Luxottica.
GrandVision’s chains include Vision Express in Britain and For Eyes in the United States and it also sells brands including Varilux lenses and Ray-Ban sunglasses.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EU ministers to approve negotiating mandate for UK trade dealEuropean Union governments are set to adopt a negotiating mandate for their exec...
Read more »
Brexit: EU set to tell Boris Johnson's UK to ban chlorinated chicken - Business InsiderBoris Johnson is suspected of plotting to abandon UK food standards to win a Brexit trade deal with Trump.
Read more »
EU says not yet planning travel restrictions over virusThe European Commission said on Monday the European Union was not yet considerin...
Read more »
10 things in tech you need to know today - Business InsiderGoogle has been resisting demands from an antitrust probe, Twitter shut down 70 pro-Bloomberg accounts, and the coronvirus is worrying amazing.
Read more »
Singapore's Bangladeshi workers have eyes on home as coronavirus shakes communitySingapore's Bangladeshi workers have eyes on home as coronavirus shakes community by geddiejdk koustavsamanta
Read more »
Asian markets extend losses as outbreak’s ripple effects spreadShares were mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.
Read more »