N.Y. Probing Luxottica Pricing, Distribution
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Italian fashion eyeglass maker Luxottica Group said the New York attorney general’s office was investigating its pricing and distribution practices.
Luxottica, which makes Ray-Ban sunglasses and other eyewear, said in a filing with the Securities and Exchange Commission on Monday that it was recently informed of the antitrust investigation.
Luxottica said it would fully cooperate with the investigation by providing documents and other information to the attorney general’s office.
Luxottica shares fell 28 cents to $13.21 on the NYSE.
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