Sunday, May 22, 2011

Luxottica Tries to Rewrite California Optical Law

"Slapped down by courts, an international corporate giant is spending a pile of money in Sacramento to change a state law so it can exert better control over its market -- and you need not even buy its glasses to see it happening." So reports the San Jose MercuryNews. "Some might say that Italy-based Luxottica -- the world's largest eyewear company, with almost 60,000 employees worldwide and net sales of almost $7.7 billion in 2010 -- is making a spectacle of itself as it pushes for AB 778, which would change state laws governing the business relationships between doctors who test your eyes and the companies that make your glasses." Read more.

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