By  on September 26, 2017

Luxottica Group’s proposed 46 billion euro merger with Essilor has raised some red flags with European antitrust authorities.

The European Commission launched a formal investigation into the deal between Italian Luxottica, which makes fashion eyewear for a range of high-end licensees, and French lens maker Essilor, based on concerns that it would reduce competition for ophthalmic lenses.

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