November 29, 2022

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French competition authority fines eyewear maker Essilor Von Health & Fitness Journal €81m

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©Health & Fitness Journal. FILE PHOTO: A logo of Essilor is displayed at the EssilorLuxottica showroom at SILMO in Villepinte, near Paris, France on September 24, 2022. REUTERS/Benoit Tessier/File Photo

PARIS (Health & Fitness Journal) – France’s competition watchdog has fined eyewear maker Essilor International (EPA:) 81 million euros ($81.27 million) over 11 years for discriminatory business practices, it said on Tuesday.

The competition authority said that Essilor’s actions were aimed at hampering the development of online sales of corrective lenses.

Parent company EssilorLuxottica, the manufacturer of Ray-Bans, was also fined €15 million.

($1 = 0.9967 euros)

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