EU Commission Seeks Input on Corning’s Commitments

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.

What competition concerns did the EU raise about corning?What steps has Corning taken to address EU concerns?

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”

  1. Purity 
Catnip Avatar
    Purity Catnip

    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! 🍫✨

  2. killer grenade Avatar
    killer grenade

    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. 🍷😏

  3. moon solitaire Avatar
    moon solitaire

    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! 🥳

  4. gumby 
train Avatar
    gumby train

    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. 🤦‍♂️🥳

Leave a Reply

Your email address will not be published. Required fields are marked *

Last News

Brussels Aims to Make Europe ‘Smokefree’ – European Parliament Already Has a Plan

Brussels Aims to Make Europe ‘Smokefree’ – European Parliament Already Has a Plan

Brussels’ target to make Europe ‘smokefree’ by 2040 is faltering. High taxes, messy regulations, and a booming market for illegal cigarettes are undermining Europe’s anti-smoking efforts. Lately, though, the European Parliament has begun claiming smokefree successes and falling smoking rates. Has Brussels finally found a route to making its smokefree dream a reality?
For a population to be consi

Read More

Législatives 2027 : l’autre élection capitale

Législatives 2027 : l’autre élection capitale

Et si le futur chef de l’État échouait à obtenir une majorité à l’Assemblée ? La division tripartite de la scène politique va-t-elle perdurer ? Pourquoi les élections législatives préoccupent-elles déjà tous les états-majors politiques ? Anthony Lattier échange avec Elisa Bertholomey et Jason Wiels dans Playbook Paris, le podcast de POLITICO.

Read More

EU Considers ‘Trade Bazooka’ as Tensions Rise Over US Greenland Tariffs

EU Considers ‘Trade Bazooka’ as Tensions Rise Over US Greenland Tariffs

Countries within the European Union are rapidly seeking a unified approach in response to US President Donald Trump‘s threat to implement an additional 10-percent tariff on goods from several European nations starting February 1.
EU leaders are scheduled to gather in Brussels on Thursday following Trump’s warning that eight European nations would encounter increased tariffs until the U

Read More

EU Steel Shield Passes Final Hurdle Ahead of July Launch

EU Steel Shield Passes Final Hurdle Ahead of July Launch

New import quotas and higher duties to replace EU’s expiring steel safeguards on 1 July
The European Union has finalized new steel market protection rules, enhancing its trade defence system just weeks before current safeguards expire. The measures include tighter tariff-free import quotas, increased duties on excess imports, and stricter origin-tracing requirements, aiming to protect the steel

Read More

Roche Upholds German Investment Plans Amid Global Pharmaceutical Market Attention

Roche Upholds German Investment Plans Amid Global Pharmaceutical Market Attention

BERLIN, Germany, June 9 – Eurotoday Newspaper — Global pharmaceutical market developments are drawing attention after Roche reaffirmed its commitment to investment projects in Germany despite spending adjustments announced elsewhere in the healthcare sector. The decision has been viewed by industry observers as a sign of confidence in Europe’s largest pharmaceutical economy and in the long-term o

Read More

Thousands of Farmers Demonstrate Against Mercosur Deal Outside EU Parliament

Thousands of Farmers Demonstrate Against Mercosur Deal Outside EU Parliament

Strasbourg, France – On Tuesday, thousands of European farmers gathered in Strasbourg to protest the European Union’s free trade agreement with the Latin American Mercosur bloc.
Local officials reported approximately 5,000 protesters and several hundred tractors participated in the demonstration, coinciding with a plenary session of the European Parliament taking place that week.
EU lawmake

Read More

Turkey and Australia to Advocate for Global Electrification Goal at UN Climate Summit

Turkey and Australia to Advocate for Global Electrification Goal at UN Climate Summit

“This ‘35% by 2035’ target will be a key focus of our COP31 presidency,” he stated. “We aim to form a robust global coalition committed to achieving this goal.”
The plans are included in the summit’s action agenda, intended to coordinate voluntary climate efforts, not the formal negotiations needing the consensus of almost 200 attending governments.
Some action agenda eleme

Read More

Spain’s Constitutional Court Safeguards Reporting of Psychiatric Violations

Spain’s Constitutional Court Safeguards Reporting of Psychiatric Violations

Spain’s Constitutional Court has dismissed an appeal by the Spanish Society of Psychiatry challenging a Supreme Court decision that supported the Citizens Commission on Human Rights and its Spanish branch. This decision upholds a significant judgment favoring freedom of expression and public oversight in psychiatry.
According to CONFILEGAL, the Constitutional Court declined an “amparo

Read More

Concerns Rise Over Tyre Lebanon Evacuation After 2026 Israeli Warning

Concerns Rise Over Tyre Lebanon Evacuation After 2026 Israeli Warning

TYRE, Lebanon , June 9 – Eurotoday Newspaper — Tyre Lebanon evacuation concerns intensified after the Israeli military issued an evacuation warning covering parts of the historic southern Lebanese city, including neighborhoods with significant Christian populations. The announcement prompted residents to assess their options as uncertainty grew over possible military activity in the area.
The war

Read More

German Chancellor Criticizes EU Parliament for Legal Review of Mercosur Trade Agreement

German Chancellor Criticizes EU Parliament for Legal Review of Mercosur Trade Agreement

Davos, Switzerland (dpa) – German Chancellor Friedrich Merz has criticized the European Parliament for taking the disputed EU free trade agreement with four countries from the South American Mercosur bloc to court.
“I regret that the European Parliament has placed another hurdle in our path,” Merz stated to political and business leaders at the World Economic Forum in Davos on Thursday. “However,

Read More