EssilorLuxottica S.A./GrandVision (M.9569) [Archived]
Published by a LexisNexis Competition expert
Practice notesEssilorLuxottica S.A./GrandVision (M.9569) [Archived]
Published by a LexisNexis Competition expert
Practice notesCASE HUB
ARCHIVED—this archived case hub reflects the position at the date of the decision of 23 March 2021; it is no longer maintained.
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Case facts
Outline | European Commission merger investigation into the proposed acquisition by EssilorLuxottica S.A. of GrandVision (Case M.9569). The transaction involves an horizontal overlap in the market for optical retailing. |
Latest developments | On 23 March 2021, the Commission cleared the proposed transaction subject to commitments. In order to address the Commission’s competition concerns, the Commission accepted EssilorLuxottica’s offer to (amongst other things) divest part of its retail operations in Belgium, Italy and the Netherlands. |
Parties | • EssilorLuxottica S.A. (EssilorLuxottica): EssilortLuxottica is a French-Italian vertically integrated multinational corporation based in Paris and the world's largest supplier of eyewear with over 9,100 retail stores globally. It was founded on 1 October 2018 after the combination of the Italian Luxottica Group with the French Essilor International. It has well-known brands in is portfolio, such as Ray-Ban and Oakley. Furthermore, EssilorLuxottica is active in retail distribution, notably in the UK and Italy.• GrandVision: |
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