France’s competition watchdog has fined glasses maker Essilor International 81 million euros ($81.27 million) for discriminatory business practices over an 11-year period, it said on Tuesday.
Related: EssilorLuxottica To Appeal French Competition Regulator’s Ruling
The Competition Authority said Essilor’s actions had been designed to hinder the development of online sales of corrective lenses.
Parent company EssilorLuxottica, the maker of Ray-Bans, was also fined 15 million euros.
Essilor had prevented some online platforms from offering Essilor or Varilux branded lenses to consumers from as early as 2009, a practice that went on for nearly 12 years. It also refused to deliver branded lenses and prohibited those platforms from using Essilor’s trademark and logos, the watchdog said.
Essilor’s practices may have played a role in keeping the price of glasses at high levels and also contributed to limiting consumer choice, the authority said.
EssilorLuxottica said it strongly disagrees with the decision and will appeal it. “The company also restates that its practices were fully compliant with the competitive and regulatory contexts of the concerned period, and that they benefited not only its customers and partners but also the whole industry,” EssilorLuxottica said in a statement.
Featured News
Judge Appoints Law Firms to Lead Consumer Antitrust Litigation Against Apple
Dec 22, 2024 by
CPI
Epic Health Systems Seeks Dismissal of Antitrust Suit Filed by Particle Health
Dec 22, 2024 by
CPI
Qualcomm Secures Partial Victory in Licensing Dispute with Arm, Jury Splits on Key Issues
Dec 22, 2024 by
CPI
Google Proposes Revised Revenue-Sharing Limits Amid Antitrust Battle
Dec 22, 2024 by
CPI
Japan’s Antitrust Authority Expected to Sanction Google Over Monopoly Practices
Dec 22, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand