Corning staves off antitrust fine as EU regulators accept concessions to mobile phone makers
By
Binu Mathew
BRUSSELS: EU antitrust regulators on Friday accepted glass maker Corning’s offer to waive exclusive deals with mobile phone makers and glass processing companies and scrap purchasing clauses to end an eight-month long investigation and stave off a possible fine.
The U.S. company, which sells a break resistant glass used as a cover for mobile phones, tablets and smart watches under the Gorilla Glass brand, counts Samsung, Sony , Google, HP, Dell and Nokia as its customers.
