Corning Proposes Global Contract Changes to Resolve EU Antitrust Probe

The glassmaker commits to waiving exclusivity clauses and limiting purchase requirements to address competition concerns in the mobile device market.

The European Commission launched an antitrust investigation into Corning on November 6, focusing on exclusivity contracts that could harm competition in the glass market for mobile devices.
Corning has offered to waive all exclusivity clauses in its current contracts and pledged not to include such clauses in future agreements worldwide.
The company proposed capping customer purchase requirements at 50% for specific glass types and eliminating price incentives tied to these requirements.
Corning committed to enforcing its patents only on grounds of infringement, not through contractual penalties, and will communicate these changes to partners in multiple languages.
The EU will review industry feedback on Corning's proposals over the next six weeks, with potential fines of up to 10% of global revenue if commitments are breached.