One Company Controls 80 Percent Of Glasses

Fact checked by The People's Voice Community
One single company controls 80 percent of glasses

Almost 80 percent of glasses are made and sold by one single company, giving them the power to artificially drive up prices by almost 2000%. 

TruTV’s “Adam Ruins Everything,” points out that the whole industry of eyeglasses and sunglasses is completely rigged in favor of one mysterious company: Luxottica. reports:

And this company controls pretty much the entire eyewear market, from the frames themselves to the stores where we buy our glasses, to even some of our health insurance.

Persol? Luxottica. Prada? Luxottica. Ray Bans, Ralph Lauren, Versace and Michael Kors? Luxottica makes glasses for them all.

Axford says this virtual monopoly gives Luxottica the “power to drive up the price of glasses for everybody, sometimes charging as much as 20 times what they cost to produce.”

So whereas Luxottica could technically just label everything “Luxottica,” they won’t, because Axford states: “What Luxottica is really selling you is the illusion of choice.”

May you see the world a little more clearly now.

Sean Adl-Tabatabai
About Sean Adl-Tabatabai 18007 Articles
Having cut his teeth in the mainstream media, including stints at the BBC, Sean witnessed the corruption within the system and developed a burning desire to expose the secrets that protect the elite and allow them to continue waging war on humanity. Disturbed by the agenda of the elites and dissatisfied with the alternative media, Sean decided it was time to shake things up. Knight of Joseon (