As expected(see EUROPE B12416A28), the European Commission opened on Thursday 6 February an in-depth investigation into the proposed acquisition of GrandVision (a Dutch company) by EssilorLuxottica (a French-Italian company).
The Commission is concerned that the merger could reduce competition in the market for the wholesale supply of ophthalmic lenses and eyewear as well as in the market for the retail supply of optical products.
Margrethe Vestager, Executive Vice-President in charge of...