Overview

• Corning must eliminate all exclusive supply clauses for Alkali-AS glass and transparent glass ceramics in its agreements across the EEA.
• Under the settlement, Corning cannot require manufacturers or finishers to source more than 50% of their cover glass needs from the company.
• The nine-year oversight period will see an independent trustee monitor Corning’s compliance with waiver and cap commitments.
• No fines were imposed and the Commission did not find Corning guilty of anti-competitive practices despite potential penalties of up to 10% of revenue.
• Apple’s custom cover glass products were deemed outside the relevant market and remain under their existing supply terms with Corning.