Corning avoids EU antitrust fine by ending exclusive deals with phone manufacturers


Corning is the US-based glass manufacturer behind the Gorilla glass companifus EXCLUSIVE Deals and other experiments think that the European Commission is competitive in the European Commission to be fined. Recall, the commission declared Last year, by charging the corner, accusing the rigging competition with exclusive supply contracts, thus to manage prices and updates. Now there is a commission receiving He offered liabilities and made them legally compulsory according to the EU rules.

When the commission announces investigation, Corning said that cell phone producers or almost all of the glass or all the bottles (sold as Gorilla Glass), even compromising them. With its consent and its consent, corn “all current contracts denied all-existing agreements” should be given all the exclusive treatment of the raw glass “,” all exclusive treatment dams. ” Corning will not be allowed to access exclusive deals in the future.

In addition, the corner cannot require any supplier of manufacturers or suppliers such as Alkali, such as alkali in European economic economic economic economic. The world cannot demand the purchase of corner manufacturers and suppliers from 50 percent of the company’s needs. The obligation of the corners will remain in force for nine years and a lawyer will follow their actions to ensure the company’s compliance.

Like Reuters He noted that EU penalties may be the value of up to 10 percent of their income to companies, but corn was not to pay anything. “The European Commission’s investigation has not been wrong, and the company has not wronged and has no effect on the company’s Gorilla glass work or a large company,” said Gorilla Glass Maker Bloomberg in a statement.



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