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Corning faces EU probe into ‘exclusive agreements’ with phone makers

By Andrew Boyce ( November 6, 2024, 10:45 GMT | Insight) -- US specialty glass maker Corning is the target of an EU antitrust investigation over concerns it entered into anticompetitive exclusivity agreements with mobile phone manufacturers and other companies to exclude rivals from the market. The probe signals a fresh examination of suspected “exclusivity rebates” in the wake of a court defeat over such measures last month. The European Commission also said Corning could submit commitments to address its concerns. US specialty glass maker Corning is the target of an EU antitrust investigation over concerns it entered into anticompetitive exclusivity agreements with mobile phone manufacturers and other companies to exclude rivals from the market....

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