Corning's Gorilla Glass Faces EU Antitrust Probe
Corning Incorporated, a leading manufacturer of specialty glass and ceramic materials, is currently under investigation by the European Commission for potential anti-competitive practices. The EU's competition enforcers are concerned that Corning may have engaged in exclusive dealing arrangements with device manufacturers, which could restrict competition and harm consumers. The EU's Antitrust Investigation The European Commission's investigation focuses on Corning's business practices related to the supply of alkali-aluminosilicate glass (alkali-AS glass), a key material used in the production of smartphone and tablet displays. The EU's primary concern is that Corning may have entered into exclusive or preferential agreements with device manufacturers, limiting their ability to source cover glass from other suppliers. Such practices could have several negative consequences: Reduced Competition: Exclusive deals could reduce competition among cover glass suppliers, lead…
