Your Glasses Got Worse On Purpose
How an Italian orphan built a $27 billion monopoly that controls the brands, the stores, the lenses, and the insurance.
How an Italian orphan built a $27 billion monopoly that controls the brands, the stores, the lenses, and the insurance.

Competition makes capitalism work. A new method for measuring it may be the holy grail of economic regulation.
For one thing, looking at concentration at a national level can obscure what’s going on at the local level.
Even when concentration does rise, it’s not always bad for competition.
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You’d never confuse them for the Rockefellers. But you also wouldn’t have curling without ’em.

Markets tend to favor unequal distributions of market share and profits, with a few leaders emerging in any industry.Winner-take-all markets are hard to disrupt and suppress the entry of new players by locking in market share for leading players.
The DOJ wants to show Google can do this because it has a monopoly.