Overview

• Corning is under scrutiny for potentially abusing its dominant market position through exclusive supply agreements with mobile phone manufacturers.
• The investigation will assess if Corning's contracts have excluded rival glass producers, limiting consumer choice and driving up prices.
• EU regulators are concerned about rebates offered by Corning for exclusivity and clauses preventing competitors' offers unless Corning cannot match them.
• Corning's agreements with raw glass processors, known as finishers, are also being examined for exclusivity and no-challenge clauses.
• If found guilty of breaching EU antitrust rules, Corning could face fines up to 10% of its global revenue.