The EU is investigating Corning for possible antitrust violations in the smartphone glass market.

The European Union has initiated an investigation into Corning Incorporated for potential antitrust violations in the device glass market, specifically concerning its Gorilla Glass used in smartphones and tablets. Regulators are examining whether Corning's exclusive supply agreements with mobile device manufacturers may have restricted competition and harmed rival glass producers. If found guilty, Corning could face significant fines, potentially up to 10% of its global revenue.

November 06, 2024
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