One factor: the world's largest eyewear company, the Italian firm Luxottica, controls a big chunk of the business. Lesley Stahl reports.

Luxottica: the illusion of choice and what you’re really getting when you spend hundreds of dollars on glasses.

This documentary was broadcast 13 years ago. Since then, Luxottica, the monopolistic Italian frames manufacturer, merged with Essilor, the largest ophthalmic lens manufacturer in the world. Today, EssilorLuxottica vertically controls 80% of the eyewear industry.

Here are more recent documentaries about EssilorLuxottica:

How Luxottica Dominates Sunglasses

How Does Luxottica Dominate The Eyewear Industry Secretly?

EssilorLuxottica | A monopoly hidden in plain sight

  • @ExtremeDullardOPM
    5•3 days ago

    I’m not going to disclose where I buy my glasses

    Why not? Do share 🙂

    I don’t pay for frames and I can get single vision lenses for relatively cheap - like $70 a pair. That’s because single-vision lens blanks are mass-produced in molds, so all the lens manufacturer has to do is pull the correct pre-made blanks and edge them.

    So my single vision glasses cost $70. Not as cheap as they could be, but my lenses last a few years since I’m careful and my vision doesn’t change too much, so it’s okay.

    But the real killers are my progressive lenses: the last pair I ordered cost me $600. Progressive lenses are ground to order, so I get the price difference. But still… $600 is really quite steep. I buy custom-made things that are way more complicated to make than machine-ground lenses for a lot less.

    • qyron
      3•3 days ago

      I shared it once when I was still on Reddit and the lot came down on my head.

      I had a pair of progressives made for my father in law at the same place and what would be a 1300€ total, locally, got knocked down to a bit less than €200, doctor apointment included.

      5 years later, the glasses are still perfect.