Corning tries to shake off EU antitrust investigation

The EU has launched an antitrust investigation into Corning over its market dominance and alleged anti-competitive practices with its Gorilla Glass brand. In response, Corning proposed commitments to address these concerns, including:

  • Ending exclusivity clauses in contracts with OEMs and finishers.
  • Allowing glass finishers to source less than half their supply from Corning without penalties.
  • Ensuring OEMs in the EEA can freely choose suppliers without losing price advantages.
  • Avoiding patent misuse to enforce exclusivity agreements.

These global commitments will last nine years, with oversight by a monitoring trustee. The EU is seeking stakeholder feedback on the proposals, which could set a precedent for handling antitrust issues.

Read more – https://www.androidauthority.com/corning-response-eu-probe-3502933/

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