From PC Mag: Corning is well-known for supplying protective Gorilla Glass for numerous electronics products, particularly smartphones. But the US company is now facing an investigation in the European Union over allegedly using “anti-competitive” tactics to lock in customers.
The European Commission has launched a formal investigation into Corning for possibly abusing its market dominance in supplying its protective glass to electronics vendors.
“The Commission has concerns that Corning may have distorted competition by concluding anti-competitive exclusive supply agreements with mobile phone manufacturers...and with companies that process raw glass," the government body said.
The Commission is indicating it's uncovered evidence that shows Corning has required smartphone vendors and glass finishers "to source all or nearly all" of their protective glass needs from the US company. In return, Corning will allegedly grant rebates to the smartphone manufacturers as long as they comply with the exclusivity agreements.
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