Smartphone glass maker Corning faces EU anti-competition investigation

he European Commission has opened a formal antitrust investigation into US glass maker Corning over concerns that its exclusive supply agreements with mobile phone manufacturers may have illegally excluded competitors from the market for break-resistant screen glass.
The probe will examine whether Corning, which produces the widely-used Gorilla Glass brand of protective smartphone screens, abused its dominant market position through anti-competitive practices with both phone makers and raw glass processing companies.
EU antitrust chief Margrethe Vestager said the investigation aims to determine if Corning’s practices have “deprived consumers from cheaper and more break-resistant glass” options.