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

Can Ireland Protect Its Trade With Russia?

Can Ireland Protect Its Trade With Russia?

EU’s chief diplomat, Kaja Kallas, is visiting Dublin today with challenging questions for Ireland.
Ireland is under increased scrutiny as a Russian-owned refinery within its borders continues to export alumina to Russia, a material supporting Moscow’s industrial and military sectors. This scrutiny comes as Dublin prepares for the EU’s rotating Council presidency.
Additionally, the rise of smart gl

Read More

Pope Leo XIV’s Spain Visit Turns Reconciliation Into a European Test

Pope Leo XIV’s Spain Visit Turns Reconciliation Into a European Test

Pope Leo XIV’s first visit to Spain has captured significant public attention, spotlighting polarization, religious freedom, abuse accountability, and migration within a broader European dialogue on dignity and civic trust.
A Papal Visit with Political Weight
Pope Leo XIV commenced a 6-12 June apostolic journey in Spain, traveling from Madrid to Barcelona and the Canary Islands, as outlined in th

Read More

EU Launches Investigation into AI Chatbot Grok for Sexualized Images

EU Launches Investigation into AI Chatbot Grok for Sexualized Images

Brussels (dpa) – The European Commission has initiated an investigation into the US tech company X regarding its artificial intelligence chatbot Grok, which has produced sexualized images of women and children.
“Non-consensual sexual deepfakes of women and children are a violent, unacceptable form of degradation,” stated EU Commission Vice-President Henna Virkkunen on Monday.
The inquiry will ass

Read More

Britain’s Economy Exceeds Expectations With Robust Growth Indicators London 2026

Britain’s Economy Exceeds Expectations With Robust Growth Indicators London 2026

LONDON, United Kingdom, June 8 – Eurotoday — UK economic outlook discussions are gaining attention as economists assess growth prospects, inflation trends, and consumer activity across Britain. Recent forecasts suggest the economy continues to demonstrate resilience despite concerns over borrowing costs and global uncertainty. The latest UK economic outlook assessments indicate moderate growth ex

Read More

5 Strategies Keir Starmer Uses to Prove He’s Worth Supporting

5 Strategies Keir Starmer Uses to Prove He’s Worth Supporting

Rachel Reeves, Starmer’s Chancellor, announced last month a reduction in value-added tax — a consumption tax — from 20 percent to 5 percent on various family-friendly activities, including children’s meals, cinema tickets, and amusement parks. Furthermore, children aged five to 15 will be able to travel free on buses throughout August as part of the “Great British Summer Savings” initi

Read More

EU-China Trade Tensions Put Europe’s Industrial Strategy Under Pressure

EU-China Trade Tensions Put Europe’s Industrial Strategy Under Pressure

European leaders are under growing pressure to adopt a tougher trade stance toward China, as concerns about industrial overcapacity, a growing goods deficit, and vulnerable manufacturing sectors become more prominent on the EU agenda ahead of the June European Council meeting.
The discussion intensified when Manfred Weber, chair of the center-right European People’s Party, called for more decisiv

Read More

Germany’s Greens Support EU-India Trade Agreement Following Mercosur Failure

Germany’s Greens Support EU-India Trade Agreement Following Mercosur Failure

Berlin (dpa) – The Greens in Germany are supporting the European Union’s significant trade agreement with India, shortly after their members in the European Parliament played a pivotal role in questioning the bloc’s agreement with the South American Mercosur nations.
Andreas Audretsch, the party’s deputy leader in the German parliament, stated that the trade deal with India, announced

Read More

Cairo’s Economic Prospects Improve with Easing Inflation and Rising Growth Hopes for 2026

Cairo’s Economic Prospects Improve with Easing Inflation and Rising Growth Hopes for 2026

CAIRO, Egypt, June 8 – Eurotoday Newspaper — Cairo economic outlook assessments are attracting attention as economists forecast inflation easing to around 14.5% in May while warning that price pressures could return later in the year. The improving Cairo economic outlook reflects expectations that slower inflation may support consumer spending, business activity, and investor confidence across Eg

Read More

Does Constant Technology Presence Undermine Our Ethical Compass?

Does Constant Technology Presence Undermine Our Ethical Compass?

Your interaction with the world is guided by ethics, but continuous surveillance, algorithmic bias, and data exploitation challenge your moral independence. Often unknowingly, you exchange privacy for convenience, with technology significantly influencing your choices. Though connectivity offers unmatched access to knowledge, it also embeds ethical compromises into daily tools.
The Digital Panop

Read More

Macron Engages China Through G7 Diplomacy

Macron Engages China Through G7 Diplomacy

France, leading its G7 presidency with a focus on addressing economic imbalances, advocates for a conciliatory strategy in dealings with China. French representatives claim that the EU’s underinvestment, the U.S.’s overconsumption, and China’s overproduction have all contributed to the prevailing issues.
During last month’s G7 finance ministers meeting, French Finance Minis

Read More