Brussels (Eurotoday) – The EU Commission stated U.S. maker of break-resisting glass Corning had offered to waive all exclusive deals with mobile phone manufacturers to address apprehensions over possible anticompetitive behaviour.
The European Commission invites comments on pledges offered by Corning to resolve competition concerns over its alleged exclusive dealing concerning the supply of Alkali-aluminosilicate glass (‘Alkali-AS Glass’), a particular type of glass mainly utilised as cover glass in handheld electronic devices.
Corning, located in the US, is a multinational producer of glass for many industrial and consumer applications. It delivers alkali-AS glass, a particularly break-resistant glass mostly used as a cover for displays of portable electronic gadgets such as mobile phones, tablets, or smartwatches.
What competition concerns did the EU raise about corning?
Earlier on 6 November 2024, the EU Commission extended a formal investigation over concerns that Corning may have deformed competition in the market for Alkali-AS Glass by concluding anticompetitive exclusive supply contracts with mobile phone manufacturers (Original Equipment Manufacturers or ‘OEMs’) and with businesses that process raw glass (‘finishers’).
How might Corning’s actions reduce customer choice and innovation?
The EU Commission preliminarily figured that Corning is prevalent in the worldwide market for alkali-AS glass. According to the Commission’s preliminary examination, Corning has abused its dominant role in breach of the Treaty on the Functioning of the European Union (‘TFEU’) by excluding rival Alkali-AS Glass producers from big segments of the market, thereby decreasing customer choice, increasing costs, and stifling innovation to the disadvantage of consumers worldwide.
What steps has Corning taken to address EU concerns?
To settle the Commission’s competition situations, Corning has offered the commitments. The commitments proposed by Corning are applicable worldwide and would remain in force for a period of nine years. Their undertaking will be observed by a monitoring trustee who will note to the Commission for the entire period. Hene, the EU Commission stated that it invites all interested parties to raise their opinions within six weeks of the publication of a summary of the proposed pledges in the EU’s Official Journal.
Comments
4 responses to “EU Commission Seeks Input on Corning’s Commitments”
-
Oh great, Corning’s finally decided to play nice after hogging all the glass like a kid with the last piece of chocolate! 🙄 Can’t wait to see how this “newfound generosity” shakes up the market—bet it’ll be as thrilling as watching paint dry! 🍫✨
-
Corning waiving exclusive deals? That’s like a cat deciding to share its tuna—good luck with that! 🐱💼 Just hope the EU doesn’t end up as the “monitoring trustee” sitting with a glass of wine while they wait for the “commitments” to actually mean something. 🍷😏
-
Looks like Corning’s just discovered the EU isn’t a fan of monopoly games—who knew? 🤔 But hey, at least we’re all getting a “free” show of corporate theatrics for the next nine years! 🥳
-
Oh, splendid! Just what we needed—an American glassmaker’s promises to save the day! Because nothing screams “revolutionary” like a nine-year monitoring plan for a product that’s already tough as nails. 🤦♂️🥳
Last News
UK Must Drop ‘Red Lines’ for True EU Reset, Brussels Warns
The recent negotiations, nearly a decade after the U.K.’s decision to exit the EU, focus on a pivotal summit planned between both parties this summer. Though July seems probable, two officials voiced frustration over the still unconfirmed date, with plans being disrupted several times.
The European Commission has shown willingness to progress on several technical matters.
Lebanon Urges Immediate Ceasefire Talks with Israel Amid Rising Middle East Tensions, Washington 2026
The diplomatic talks come during one of the most tense periods in the region this year, with international governments increasing
Falun Dafa Day: Celebrating Resilience in Faith
Globally, Falun Dafa practitioners commemorate the anniversary with medit
Angela Rayner, Potential UK Leadership Contender, Cleared in Tax Probe
The former deputy prime minister stated to the Guardian and ITV News that HMRC concluded she neither attempted to avoid taxes nor was careless in handling her affairs, following an investigation into unpaid property tax initiated last fall.
This development occurs at a cr
"Digital-Led Healthcare Revolution: A New Era of Comprehensive Care in Taiwan"
As the world confronts the challenges of population aging and healthcare workforce shortages, digital transformation in healthcare is no longer optional but essential. Taiwan has introduced the “Healthy Taiwan” vision, placing “driving digital healthcare” at its core. By integrating big data, artificial intelligence (AI), and cloud technologies, the system aims to improve healthcare quality and
Understanding Freedom of Religion
Montenegro Nears the Final Stages of EU Membership
With a population of around 600,000, Montenegro became an EU candidate in 2010, four years after its separation from Serbia, and began accession talks in 201
EU Faces Intensifying Pressure Over Proposed Tobacco Legislation Reform
This comes in a letter to European Commission President Ursula von der Leyen.
The signatories include internationally-respected experts like Professor Luboš Petruželka, a distinguished oncologist at Charles Universit
Freedom of Religion vs. Freedom from Religion
Allies Deny Brigitte Slapped Macron Over Texts With Iranian Actress
The Elysée initially called the slap reports fake news and later as “horseplay,” with no official response. A source close to the
Leave a Reply