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Monopoly
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Oscar
@HeyOscarx
Your glasses cost $5 to make. You paid $300. And one company you've never heard of is the reason why. Luxottica owns Ray-Ban. They own Oakley. They own Persol. They own Oliver Peoples. They own Costa...
Summary
Luxottica (EssilorLuxottica) controls nearly the entire eyewear industry—manufacturing frames and lenses, owning major brands (Ray-Ban, Oakley, Costa), retail chains (LensCrafters, Sunglass Hut, Pearle Vision), and the vision insurance provider (EyeMed) that directs customers to those stores. Glasses that cost $2-5 to manufacture are marked up 1,000-2,000% and sold at $300-700, with the company crushing competition (like Oakley) that refused to cooperate.
Sep 5, 2026
11 tweets
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