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Freakonomics Radio

Freakonomics Radio

597. Why Do Your Eyeglasses Cost $1,000?

Jul 18, 2024 · 55m

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On this episode

About this episode

A single company, EssilorLuxottica, owns so much of the eyewear industry that it’s hard to escape their gravitational pull — or their “obscene” markups. Should regulators do something? Can Warby Parker steal market share? And how did Ray-Bans become a luxury brand? (Part one of a two-part series.)