Lawmakers Investigate Possible Contact Lens Price Fixing Scheme
A Senate Judiciary Committee is meeting to discuss potential price-fixing activities of major U.S. contact lens makers after requests for an investigation by the American Antitrust Institute suggest that “unilateral pricing policies” used by contact lens makers are against the law.
The American Antitrust Institute stated contact lens makers have set minimum resale prices on some brands of lenses barring discount contact lens sellers like Costco and 1-800 CONTACTS the ability to compete with other retailers like optometrists. The organization claims this type of pricing scheme is illegal as it reduces competition in the market.
Cohen & Malad, LLP class action attorneys are interested in talking with consumers who purchased contact lenses from discount retailers like Wal-Mart, Costco and 1-800 CONTACTS. Brands included in this investigation include:
- Johnson & Johnson ACUVUE® OASYS®
- Johnson & Johnson ACUVUE® OASYS® for ASTIGMATISM
- Johnson & Johnson ACUVUE® for PRESBYOPIA
- Johnson & Johnson 1-DAY ACUVUE® MOIST®
- Johnson & Johnson 1-DAY ACUVUE® MOIST® for ASTIGMATISM
- Johnson & Johnson 1-DAY ACUVUE® TruEye®
- Alcon DAILIES (some brands)
- Alcon Air Optix (some brands)
- Bausch & Lomb ULTRA
- Cooper Vision Clariti
Contact us if you have purchased one of the above brands from a discount retailer to learn more about your legal rights and options.