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Image header Agence Europe
Europe Daily Bulletin No. 11871
ECONOMY - FINANCE - BUSINESS / Competition

In-depth investigation into planned merger between Essilor and Luxottica

On Tuesday 26 September, the European Commission decided to open an in-depth investigation into the planned merger between Essilor and Luxottica, both of which are leaders in the optical industry.

The Commission has concerns that the operation will create a competition distortion on the optical market, as Essilor is the largest supplier of ophthalmic lenses, both in Europe and the world, and Luxottica is the largest supplier of eyewear, both in Europe and the world, with a portfolio that...

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EUROPEAN COUNCIL
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