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Essilor-Luxottica merger clearance confirmed in Brazil with rejection of Zeiss appeal

By Ana Paula Candil and Rodrigo Russo ( March 27, 2018, 15:17 GMT | Insight) -- The Tribunal of the Brazilian antitrust agency has unanimously confirmed the clearance of the merger between eyewear companies Essilor and Luxottica, rejecting Carl Zeiss Vision Brasil's appeal. The Tribunal said the appeal didn’t offer any arguments that could justify altering the decision reached by the agency's investigative unit, which cleared the deal without restrictions on Feb. 23.The Tribunal of the Brazilian antitrust agency has unanimously confirmed the clearance of the merger between eyewear companies Essilor and Luxottica, rejecting Carl Zeiss Vision Brasil's appeal....

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