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Why are glasses so expensive? The eyewear industry prefers to keep that blurry

Eyewear is a near-monopolistic, $100-billion industry dominated by a single company. That's why 1,000% markups for frames and lenses are commonplace.

Click to view the original at latimes.com

Hasnain says:

This was an interesting read. The author talks about the lack of price (and general) transparency in the vision and broader medical industry, and unearths the monopoly which you may already have heard of.

It's pretty much summed up by the end quote: "Because this industry has been getting away with fleecing people for decades."

Posted on 2019-01-24T08:09:11+0000