Corning Faces EU Probe Into Smartphone ‘Gorilla Glass’
- EU fears deals with smartphone firms are anti-competitive
- Corning pressed to remedy EU concerns with concessions
An employee pulls a crucible of molten glass from a furnace at the Corning Inc. facility in Corning, New York.
Photographer: Victor J. Blue/BloombergThis article is for subscribers only.
Corning Inc. faces a European Union antitrust probe amid suspicions it abused its market power to thwart competition to its break-resistant “Gorilla Glass” in smartphone screens.
The European Commission said Wednesday the US company may have distorted competition through exclusive agreements with mobile phone manufacturers. The Brussels-based watchdog said the pacts may have blocked glass industry rivals from making deals with top phone firms.