The European Commission has opened a formal investigation into whether US glass producer Corning, known for its Gorilla Glass, might have abused its dominant position in the market for protective glass for electronic devices. Corning’s products are used, among other things, in several of Apple’s and Samsung’s devices.
The Commission suspects the company might have entered into anticompetitive agreements with cell phone makers and glass refiners, including claims for exclusive purchases and discounts based on those pacts. Gorilla Glass has been used in mobile devices for more than a decade.
The agreements might have prevented competitors from entering the market, reducing consumer choice, raising prices and inhibiting innovation. If Corning is found guilty, the company could be fined. Before that happens, Corning will have the chance to respond to the European Commission’s objections and the investigation can be closed if the company fulfills certain commitments.
Discover more from reviewer4you.com
Subscribe to get the latest posts to your email.