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Consumer TopicsHealth & Beauty

Why are Eyeglasses So Expensive?

 

Why are Eyeglasses So Expensive?

A CBS News report recently re-broadcast on “60 Minutes” tries to answer the question, “Why are glasses so expensive?” According to the report, one Italian company – Luxottica – monopolizes nearly all of the market for eyewear in the U.S.

In the “60 Minutes” story, Luxottica CEO Andrea Guerra says that “at least half a billion people worldwide are wearing our glasses now.”…

June 24, 2014 1 comment
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