Why isn't anyone launching a competitor in this space. There should be lot of room for innovation with current tech to create a entire organization competing in

Why isn't anyone launching a competitor in this space. There should be lot of room for innovation with current tech to create a entire organization competing in everything Luxottica does and may be more. Clearly because of this monopoly there is no innovation from within industry except for designs. There is no substantial feature development around glasses, lenses or frames, again Silicon Valley has to step in and do innovation by combining two different industries. Seems like this problem will never get solved. Governments seem to be just surrendering to Corporate all over the world. Clearly Corporate have more buying power and they take care of themselves and not the general public. So there is no entity to take care of general public's interest. :(