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
Macron’s Team Pursues Saudi Funding for Manga Theme Park Near Paris
Prior to the Choose France event this y
August 1, 1834: The British Empire Abolishes Slavery, Granting Freedom to 770,000 People
A pivotal humanitarian act in global history occurred on August 1, 1834, when the Slavery Abolition Act 1833, enacted by the British Parliament the year before, was officially implemented. This landmark action granted freedom to approximately 770,280 colonial slaves, permanently altering the world’s economic and social landscape.
The Act covered most British Empire territories, including s
Helicopters Collide, Killing 2, Amid Fires and Fear in Greece
The fire around Porto Germeno on the Gulf of Corinth, approximately 60 kilometers northwest of Athens, had diminished by Saturday. However, strong winds up to 130 kilometers per hour pushed the flames over a mountain to the south, reaching Veniza, closer to t
Mark Van Bommel Appointed as Belgium National Team Head Coach
Brussels, July 24 Eurotoday Newspaper — Belgium national team news is dominated by the appointment of Mark van Bommel as the new head coach of the Red Devils. The Royal Belgian Football Association confirmed that the former Netherlands international will replace Rudi Garcia after the federation chose not to extend Garcia’s contract following Belgium’s 2026 FIFA World Cup campaign. Van Bommel has
Isaac Hammouch-Ceuta: les questions sans réponse derrière l’exode de milliers de Marocains
Trump Calls Off Strikes on Iran, Announces Imminent Deal
Iran has yet to respond to Trump’s announcement or confirm
Europe’s energy supply "must become more independent," says EESC
The body representing civil society at EU level has called for a “comprehensive storage strategy.”
The demand comes with the European energy system facing deep geopolitical, economic and social transformation.
Now, the Brussels based European Economic and Social Committee (EESC) argues, in a newly adopted opinion, that the EU now needs a “clear, common plan” for energy storage, something that is
June 19, 1862: U.S. Congress Abolishes Slavery
The act declared that slavery or involuntary servitude would not exist in any U.S. territories, except as punishment for a crime.
This action
Hungary Confronts Energy Crisis with Paks Nuclear Plant Shutdown Due to Drought, PM Reports
The Soviet-built Paks facility remains the backbone of the country’s power system. The loss of output has triggered national energy-saving measures and offers of support from regional neighbors.
A prolonged outage would cripple Hungary’s electrici
ECR Claims Ceuta Crisis Stems from "Years of Weakness"
Some MEPs say the renewed migration crisis in Ceuta “once again demonstrates the consequences of migration policies that send the wrong signals.”
The claim, by the ECR group in the EU parliament, comes as 60,000 people are locally estimated to have crossed into the Spanish North African enclave of Ceuta from Morocco in the last 24 hours.
It appears that this is part of an apparent attempt to ove
Leave a Reply