Why glasses cost so much...

Submitted by David on Tue, 2013-11-12 12:04

60 Minutes tackles the cost of glasses and hidden market concentration in the eyeglass sector. Never realized that one company - Luxottica - not only controls most of the world's eyeglass brands but also many of the largest optical chains (Lenscrafters, Pearle Vision, Sunglass Hut, etc.) and even one of the largest vision-related insurance plans in the US: