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
Enforcement of EU Sanctions in Practice
This gap between political decision and pract
Policymakers Encouraged to Include Roma in Ukraine’s Reconstruction Plans
Lawmakers have been urged to ensure that reconstruction efforts “reach all Ukrainians affected by Russia’s war, including Roma families who remain largely excluded from compensation and recovery mechanisms.”
The demand was made by the Roma Foundation for Europe, a leading advocate for Roma rights. This is timed to coincide with a meeting of the Ukraine Recovery Conference in Poland this week.
T
Tabernacle Choir Shines as Beacon of Hope at Hollywood Bowl Return
Serbian President Vučić says he will resign within ‘weeks’
Ireland set to assume its eighth EU presidency
Ireland will take on one of the European Union’s most influential roles when it assumes the presidency next week.
Its term at the helm of the EU runs from 1 July to 31 December and comes amid much uncertainty, including multiple wars and ongoing talks about the EU’s long term budget.
Helen McEntee, Irish Minister for Foreign Affairs and Trade, said, “This Presidency is not just about meetings an
Intensifying Hunger Threatens Millions with Famine in 13 Global Hotspots
Sudan, South Sudan, Yemen, and Palestine remain the most critical hotspots, while Nigeria and Somalia have moved into the highest-risk category amid g
Ukrainian Missiles Hit Russian Defense Plant, Zelenskyy Reports
Andrey Bocharov, governor of Volgograd region, verified the attack on Tele
CPMR Embraces "Committed European Vision for Islands"
The first-ever EU Strategy for Islands has been greeted as an “important political milestone for Europe’s maritime territories.”
The initiatives, which also include an EU Strategy for Resilient, Prosperous and Liveable Coastal Communities, have been advocated by the Conference of Peripheral Maritime Regions, CPMR, and its Islands Commission.
They establish, for the first time, dedicated European
EU Message Scanning Initiative Rekindles Privacy Debate
Member states seek to revive a temporary child-safety tool after Parliament rejected the measure in March
EU governments are working to revive a temporary legal framework that allows messaging providers to detect child sexual abuse material, revisiting the sensitive issue of balancing child protection, private communications, and power between the Council and the European Parliament.
EU ambassad
Ein Spaziergang durch Kiew mit Botschafter Thoms
Thoms reflects on the toughest winter in decades. Weeks of sub-zero temperatures, systematic attacks on energy infrastructure, and constant generator noise were meant to wear
Leave a Reply