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
Hungary Blocks Russia Sanctions Package Over €16B EU Defense Loans, Diplomats Say
With Kyiv facing a financial shortfall in April, coinciding with Hungary’
Ukraine wakes to more violence as Russia’s full-scale invasion enters its fifth year
US Senator Apologizes for Lindsey Graham’s ‘Appalling’ Outburst at Danish PM
In response to criticisms, Graham told POLITICO, “I don’t gi
EU "Buy European" Plan Tests Single Market Rules
Brussels plans a major procurement shift as industry applauds—and lawyers highlight trade and competition risks
The EU is adopting a “Buy European” strategy for public spending to direct taxpayer funds towards EU-made strategic technologies. Proponents believe it will support jobs and supply chains; critics argue it may increase costs, provoke trade disputes, and challenge the single market̵
Exclusive Survey: In Marseille, Vassal Falls Behind, Payan and Allisio Lead
Sudan: SAF Drones Strike Civilians Despite Protection Claims
At least fifty-seven people were killed in just two days, according to United Nations human rights officials, with many of the victims being children. The types of targets—a market, a displa
What to Anticipate in Reeves’ Spring Statement
Sam and Anne examine the sectors demanding additional funding—particularly student loans and defense—even though Rachel Reeves claims this isn’t the time for increased expenditure.
Meanwhile, in the Lords, is the assisted dying bill nearing its
Four Years Later: LWF Sustains Hope in Ukraine
Reflecting on the four-year mark of the conflict in Ukraine, Bishop Pavlo Shvarts, head of the German Evangelical Lutheran Church of Ukraine, remarked, “It is a tragic day for our people and our history.” He expressed gratitude, saying, “We sincerely thank all of you who continue to pray for us and to keep our church in your heart.” Bishop Shvarts urged continued support for the church’s efforts
Inside the EU Ambassadors’ Crisis Bunker
Coreper meetings — regular assemblies of EU ambassadors — are increasing in frequency, showcasing how the bloc is evolving. Previously seen mainly as preparatory, these meetings now play a crucial role in shaping discussions before leaders meet.
The energy narrative progresses. The European Commission addresses Hungary’s alerts about disrupti
EU Eases Supply-Chain Due Diligence Rules
On Tuesday, 2
Leave a Reply