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Luxottica Research Paper

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Luxottica I pick Luxottica for my Market structures writing assignment paper. I have never heard this company before but they are the biggest manufacture of company in the world. Luxottica is the Monopoly company because they bought the small company to become the biggest company like I have learned in the class. Adrian Chirila stated that this company was started founded in 1961 and by the 80’s they started to buy any eyewear company in the world if they can afford it. For Monopoly market structure, there is no competition in any small firms. Monopoly market has power for making price. For example, when I plan to go to get my eyeglasses at the “America’s Best”, I should think about my finance all the time because it kinds of expensive.

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