Headlines Essilor-Luxottica Deal Encounters Regulatory ‘Concerns’ in Europe, Reuters Reports Published 6 years ago on September 11, 2017 By INVISION Staff Share Tweet Regulators are seeking a meeting. Regulators in Europe are reportedly worried that the proposed merger of Essilor and Luxottica would concentrate too much market power in the hands of the combined entity. Reuters cites an unnamed source saying that European Union regulators want to have a meeting with the two vision giants in coming days. It’s likely that the regulators are seeking “concessions to address their concerns,” according to Reuters. If the European Commission isn’t satisfied by what the companies offer, the next step could be a more detailed look at the merger. In New Zealand, the Commerce Commission recently granted clearance for Essilor and Luxottica to merge their business activities in that country. Advertisement Luxottica, based in Milan, Italy, is the largest eyewear firm in the world, with a brand portfolio that includes names such as Ray-Ban and Oakley. Its retail division includes many well-known names, including LensCrafters, Sunglasses Hut and Pearle Vision. Essilor, which makes lenses as well as instruments and equipment, is based in France. Its brand portfolio includes names such as Varilux, Crizal, Transitions and Foster Grant. Read more at Reuters Related Topics:EssilorEssilorLuxotticaframeslensesLuxottica click to Comment(Comment) Up Next Marchon Acquires Majority Stake Of Joint Venture Partner Don't Miss LVMH Invests in Fast-Growing Korean Eyewear Brand SPONSORED VIDEO Crizal® Sapphire™ HR: Invisible Shield of Protection Your patients’ main concerns of anti-glare, scratch resistance, and easiness to clean are covered. Crizal Sapphire HR, the latest and most advanced product in the Crizal No-Glare range, is now widely available across lab networks and through all major managed vision care providers. Crizal Sapphire HR is available with Essilor’s advanced lens designs such as Varilux® progressive lenses and Eyezen® enhanced single vision lenses. Click here to learn more. *External laboratory tests and internal technical tests – 2020. Compared to the competitor most known lens-brands by consumers (2019 external brand tracking in 11 countries). The word ’overall’ refers to anti-reflective coatings important criteria, ranked through an external quantitative consumer study – 2019. You may like Promoted Headlines On the Edger Maximizing Profit With In-House Finishing Visionix Made in Italy Italian Trade Agency Turn Patients Into Loyal Eyewear Shoppers Optify Advertisement Latest Trending Videos Photo Gallery4 hours ago Arnette’s Skateboard Street Cred on Full Display During New York Fashion Week Press Releases4 hours ago PPG, Flō-Optics Announce Exclusive Supplier Agreement for First Digitally Applied Optical Coatings Photo Gallery4 hours ago Celebrity Eyewear Pics Featuring Beyoncé, The Weeknd, Serena Williams, Blake Lively, and More Press Releases18 hours ago Hilco Vision Earns Green Seal Certification for New Sustainable Lens Cleaning Solution Press Releases18 hours ago American Optometric Association Releases Survey to Assess Burden of FTC Contact Lens Rule Photo Gallery4 hours ago Celebrity Eyewear Pics Featuring Beyoncé, The Weeknd, Serena Williams, Blake Lively, and More Photo Gallery3 days ago 23 Painfully Relatable Memes About Working Holiday Retail Sponsored Content2 days ago Made in Italy America's Finest4 weeks ago Trading on a Good Name Better Vision4 weeks ago E-Commerce Platforms for ECPs That Are Built for Eyecare and Easy to Use Sponsored Content1 month ago Turn Patients Into Loyal Eyewear Shoppers Sponsored Webinars2 months ago Shop! Masterclass Webinar: Sustainability for Retail: How Retailers Create Social, Environmental and Cultural Innovations Sponsored Content2 months ago Now Available: New Varilux® XR series™ Sponsored Webinars3 months ago Human-Centric Design in a Digital World: Creating Unexpected Moments That Inspire, Educate, and Connect at Retail Sponsored Content4 months ago The Very First of Its Kind: Introducing Ray-Ban Reverse Advertisement SubscribeBULLETINS Get the most important news and business ideas for eyecare professionals every weekday from INVISION. Advertisement Advertisement Most Popular Photo Gallery4 hours ago Celebrity Eyewear Pics Featuring Beyoncé, The Weeknd, Serena Williams, Blake Lively, and More Photo Gallery3 days ago 23 Painfully Relatable Memes About Working Holiday Retail Sponsored Content2 days ago Made in Italy True Tales6 days ago The Farting Mom Chronicles: One Optician’s Terrible Tale America's Finest1 week ago At This Alberta Practice, the Eyewear Is Global, the Exams Are Thorough and the Staff Are Valued Sponsored Content1 day ago On the Edger Maximizing Profit With In-House Finishing Cover Stories3 days ago Is Eyecare Ready for the Metaverse? Columns1 week ago You’re In Optometry School… Now What?