Restrictive and Anticompetitive Practices in the Eyeglass Industry: Hearings Before the Subcommittee on Monopoly and Anticompetitive Activities of the Select Committee on Small Business, United States Senate, Ninety-fifth Congress, First Session ... |
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Page 1
... frames , of which about $ 2 billion represented ordinary eyeglasses and the remainder contact lenses . About $ 640 ... frames . For example , an " Ambassador " frame which wholesales at $ 2.15 retails for $ 32 ; an " Adam " frame which ...
... frames , of which about $ 2 billion represented ordinary eyeglasses and the remainder contact lenses . About $ 640 ... frames . For example , an " Ambassador " frame which wholesales at $ 2.15 retails for $ 32 ; an " Adam " frame which ...
Page 13
... frames or lenses , or both . Lenses are dis- tributed in three forms : ( 1 ) Those already preground to prescription specifications , ( 2 ) semifinished , uncut lens blanks , or ( 3 ) uncut blanks . In the case of lenses that are ...
... frames or lenses , or both . Lenses are dis- tributed in three forms : ( 1 ) Those already preground to prescription specifications , ( 2 ) semifinished , uncut lens blanks , or ( 3 ) uncut blanks . In the case of lenses that are ...
Page 15
... frame and the prescription is accurate . Mr. GORDON . Now , my impression was they send the frames , that is , you pick out the frame at the optician's , at the retail store , so then they take the frames ; and they send it to the lab ...
... frame and the prescription is accurate . Mr. GORDON . Now , my impression was they send the frames , that is , you pick out the frame at the optician's , at the retail store , so then they take the frames ; and they send it to the lab ...
Page 35
... frames cost an average of $ 1.04 per pair . Metal frames cost us an average of $ 5.07 per pair . Eyeglass cases cost us 30 cents each . Our procurement activity is based on our stock levels , on the time it takes to manufacture , to ...
... frames cost an average of $ 1.04 per pair . Metal frames cost us an average of $ 5.07 per pair . Eyeglass cases cost us 30 cents each . Our procurement activity is based on our stock levels , on the time it takes to manufacture , to ...
Page 36
... frame or a metal frame ? Dr. SMITH . No , sir . Only people on flying status are provided with metal frames . Everybody else has a choice of the black frame full glass or the black frame half glass . Senator CULVER . Why would you be ...
... frame or a metal frame ? Dr. SMITH . No , sir . Only people on flying status are provided with metal frames . Everybody else has a choice of the black frame full glass or the black frame half glass . Senator CULVER . Why would you be ...
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Common terms and phrases
advertising of ophthalmic agencies AHART American Optical American Optometric Association Asst Bausch & Lomb Benham BERKOWITZ bidder bifocal Board BRANCH SERVICE commercial committee competition consumer contact lenses contract contractor correct cost Dart Drug dispensing doctor drugs economic effect estimated eye examination eyeglass prescriptions eyewear factors Federal Trade Commission firms Frame Complete FTC staff GORDON groups hearings indicated individual laboratory laws lens licensing manufacturers MARKOE Maryland materials medicaid medicaid program obtaining eyeglasses ophthalmologists opticians Optometric Association optometrists optometry pair of glasses patient percent practice prescription price advertising problem procurement profession professional control purchase question refractive regulations regulatory retail Senator CULVER Senator NELSON single vision SMITH SOUTHERN RESEARCH INSTITUTE specific standards statement STERNBURG supply Temples TILLYER tion trifocal Virginia visual Washington wholesale Whse
Popular passages
Page 26 - But though the law cannot hinder people of the same trade from sometimes assembling together, it ought to do nothing to facilitate such assemblies, much less to render them necessary.
Page 333 - People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
Page 396 - Counsel for the American Association of Retired Persons and the National Retired Teachers Association.
Page 358 - ... use of any advertising statements of a character tending to deceive or mislead the public ; advertising professional superiority or the performance of professional services in a superior manner...
Page 381 - ... individual practitioners, but protection against those who would prey upon a public peculiarly susceptible to imposition through alluring promises of physical relief. And the community is concerned in providing safeguards not only against deception, but against practices which would tend to demoralize the profession by forcing its members into an unseemly rivalry which would enlarge the opportunities of the least scrupulous. What is generally called the 'ethics' of the profession is but the consensus...
Page 481 - ... purpose for which the Federal financial assistance is extended or for another purpose involving the provision of similar services or benefits. If any personal property is so provided, this assurance shall obligate the Applicant for the period during which it retains ownership or possession of the property.
Page 481 - The Applicant recognizes and agrees that such Federal financial assistance will be extended in reliance on the representations and agreements made in this assurance, and that the United States shall have the right to seek judicial enforcement of this assurance.
Page 481 - Assurance shall obligate the Applicant, or in the case of any transfer of such property, any transferee, for the period during which the real property or structure is used for a purpose for which the Federal financial assistance...
Page 266 - Advertising, however tasteless and excessive it sometimes may seem, is nonetheless dissemination of information as to who is producing and selling what product, for what reason, and at what price.
Page 341 - ... or dividing a fee with any person or persons; the obtaining of any fee or compensation by fraud or misrepresentation; employing...