EssilorLuxottica SA, the French-Italian owner of Ray-Ban and Oakley eyewear brands, has been sued for allegedly planning a 1000% price increase with its competitors. In this respect informs Bloomberg agency.
Paris-based EssilorLuxottica SA, the world’s largest eyewear company, is part of Frames for America Inc. It is the “instigator and main enforcer” of a price-fixing scheme in the US market by making illegal agreements with and For Eyes Optical Co.
The text of a consumer complaint filed in federal court in San Francisco as an alleged class action lawsuit states that EyeMed has entered into thousands of contracts with eye care providers. As a result of these deals, millions of consumers around the world can receive products that will be priced exponentially.
June 19 Ukrainian edition of “Our Money” reportedThat the Ministry of Defense of Ukraine purchased helmets for soldiers of the Armed Forces of Ukraine at inflated prices. Journalists suspected that the same PASGT helmets were purchased in May 2022 at different contracts at prices ranging from $132 to $468 each.
Formerly FAS RF developed mechanism against speculative price increases for products.