Retailers say FTC’s contact lens rule changes will help competition

Strengthening the rules for providing patients with access to their contact lens prescriptions will boost competition and benefit consumers, leaders of several major retailers told the Federal Trade Commission on Wednesday.

The changes could result in more competition among manufacturers because consumers would be more knowledgeable when dealing with prescribers, Gary Swearingen, corporate counsel of Costco Wholesale said at a Washington, DC, event.

John Graham, chief executive officer of 1-800 Contacts, said the increased competition would improve the quality of lenses and result in distribution channels...

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