Ray-Ban

The complaint also alleges that EssilorLuxottica’s vision benefits subsidiary, EyeMed, has formed anti-competitive agreements with thousands of eye care providers to “channel millions of consumers into purchasing the conglomerate’s over-priced eyewear.”

Ray-Ban maker accused in lawsuit of inflating prices 1,000%

THE French-Italian owner of the Ray-Ban and Oakley eyewear brands was sued for allegedly scheming with competitors to inflate prices by as much as 1,000 per cent.

Ray-Ban has said that it was unable to recover US$100 million of the transfers, which were made in the fourth quarter of 2019.

Companies & Markets

JPMorgan must face lawsuit by Ray-Ban maker over US$272m cybertheft

JPMorgan Chase was ordered by a New York judge to face a lawsuit by the French maker of Ray-Ban sunglasses, which said cybercriminals withdrew US$272 million from its New York account after the bank i...

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