EU Regulators to Investigate Luxottica Merger with Essilor

EU Regulators to Investigate Luxottica Merger with Essilor

European Union antitrust regulators have confirmed that they plan to investigate the planned $54bn merger between Luxottica and Essilor, suggesting there are concerns related to rivals being driven from the market, or prices being artificially inflated. The proposed merger, which would see the Italian eyewear giant merge with the renowned French lens manufacturer Essilor, will …