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Essilor-Luxottica deal US review focuses on raising rivals’ costs, not bundling

By Flavia Fortes ( October 27, 2017, 16:15 GMT | Insight) -- The US Federal Trade Commission is reviewing Essilor International’s merger with designer frame maker Luxottica for its incentive to raise prices of frames or lenses after the deal, increasing rivals’ costs for glasses, MLex has learned. Such concerns of driving competitors out of the market, however, don’t gain much traction in the US without evidence. Unlike the European counterparts, the agency isn’t concerned with bundling of lenses and frames.The US Federal Trade Commission is reviewing Essilor International’s merger with Luxottica for its incentive to raise prices of frames or lenses after the deal, increasing rivals’ costs for eyeglasses, MLex has learned....

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