The EU is looking into Corning for alleged anti-competitive practices

Date:

Share:


US-based glass manufacturer is the company behind Gorilla Glass, a break-resistant glass used to protect screens that’s used on essentially all of the most popular smartphones. Today, the European Commission Corning for anti-competitive practices, alleging that the glassmaker is preventing competition through exclusive supply agreements.

According to the press release, Corning requires mobile phone manufacturers to source all or nearly all of their alkali-AS glass from it, and it also grants rebates to these companies if they do so. Additionally, these phone makers must tell Corning if they receive competitive offers from other glass manufacturers. They aren’t allowed to accept these offers unless Corning cannot match or beat the price.

Similarly, Corning has agreements with companies that process raw glass, forcing them to get all or most of their alkali-AS glass from Corning. They also aren’t allowed to challenge Corning patents.

These charges reinforce how aggressive Corning is in defending its dominant position in the smartphone glass screen market. The latest Apple and Android devices, like the , usually have Gorilla Glass screens, as they’re scratch-resistant and prevent cracking or breaking. While not indestructible, the glass does hold up well against damage. However, Corning’s market dominance coupled with these practices are enough to get the EU’s attention.



Source link

━ more like this

First battles with North Korean soldiers opens ‘a new page of instability in the world’ – London Business News | Londonlovesbusiness.com

The Ukrainian President Volodymyr Zelensky has said the “first battles” with North Korean soldiers marks a new page of instability...

Nintendo Switch 2: everything we know so far | Tech Reader

Rumors of a Nintendo Switch 2 have been circulating for years. Whispers of the next-gen Nintendo console first started when The Legend of...

Stardew Valley now has a secret multiplayer mode on mobile

Stardew Valley on mobile just received its latest update, and in it is a new secret multiplayer mode. Developer ConcernedApe says it’s currently...

Markets react to Trump victory – London Business News | Londonlovesbusiness.com

The widely unexpected – or widely expected – victory of Donald Trump in the presidential election has led to a...

Battle Aces born from a rejected StarCraft 2 expansion pitch | Tech Reader

The fast-paced real-time strategy (RTS) game Battle Aces was inspired by an idea that game director David Kim had while working on StarCraft...
spot_img