Mergers: Commission clears merger between Essilor and Luxottica

The European Commission has approved the merger between Essilor and Luxottica, two leaders in the optical industry. The Commission concluded that the merger would not adversely affect competition in the European Economic Area or any substantial part of it. Today's decision follows an in-depth investigationof the proposed merger between Essilor and Luxottica. Essilor and Luxottica mainly sell complementary optical products, which do not compete with each other. The Commission opened the door to a new investigation of the market. It could not be more effective than other companies. During its investigation, the Commission received feedback from nearly 4,000 opticians throughout Europe. The Commission concluded that the transaction would raise no competition concerns. Commissioner Margrethe Vestager , in charge of competition policy, said:"Our job is to be sure that we will be able to provide you with a better understanding of the market." In this case for opticians and consumers in the EU, we are receiving feedback from nearly 4,000 opticians in a market test in Europe that Essilor and Luxottica Would not gain market power to harm competition. As the result of the market test Did not support our initial Concerns we can let this merger go ahead unconditionally.



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