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French competition authority fines eyewear maker Essilor 81 million euros By Reuters



© Reuters. FILE PHOTO: A logo of Essilor is displayed at the EssilorLuxottica exhibition space in SILMO in Villepinte, near Paris, France September 24, 2022. REUTERS/Benoit Tessier/File Photo

PARIS (Reuters) – France’s competition watchdog has fined glasses maker Essilor International (EPA:) 81 million euros ($81.27 million) for discriminatory business practices over an 11-year period, it said on Tuesday.

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.

($1 = 0.9967 euros)



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