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60 Minutes - Luxottica. Do you know who makes your glasses?

Luxury Eyesight · news · Watch on YouTube

Business & economics (other)Media, journalism & propagandaMicroeconomics & behavioral economics

What it is

A 60 Minutes segment on Luxottica, the company that owns most major eyewear brands and retailers and dominates the market. It shows how consolidation of brands and manufacturing affects glasses prices.

Why Hacker News recommends it

HN repeatedly cites it in any thread on why glasses are expensive, as the eye-opening explanation of Luxottica's monopoly.

  • 5 people recommended it
  • 4 different months
  • 0 strong recommendations
  • first 2014, last 2023

What HN commenters said

  1. “is a great watch if you have time.”

    Shows how Luxottica aggregates eyewear brands and manufacturing

    phil21, 2014-03 · Recommendation · in “Google Deal With Luxottica Will Bring Glass to Ray-Ban, Oakley”

  2. “Check out the 60 Minutes story on Luxottica”

    60 Minutes on Luxottica's dominance of eyewear market

    wespad, 2015-10 · Recommendation · in “101 Brand Names, 1 Manufacturer (2007)”

  3. “The 60 minutes episode on Luxottica and why glasses are so expensive was interesting context”

    Context on why glasses are expensive

    cheriot, 2019-01 · Recommendation · in “Warby Parker built a 1,400-employee company by focusing on team culture”

  4. “See this eye-opening 60 Minutes story on Luxottica”

    Eye-opening 60 Minutes story on Luxottica's control

    interlocutor, 2019-01 · Recommendation · in “Why are glasses so expensive? The eyewear industry prefers to keep that blurry”

  5. “See 60 Minutes story on Luxottica if you're not outraged yet”

    60 Minutes story on Luxottica's market control

    petilon, 2022-11 · Recommendation · in “Why are glasses so expensive? The industry prefers to keep that blurry (2019)”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: luxottica, eyewear, monopoly, 60 minutes, consumer pricing

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