Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-11-06 15:03:28| Engadget

US-based glass manufacturer Corning is the company behind Gorilla Glass, a break-resistant glass used to protect screens thats used on essentially all of the most popular smartphones. Today, the European Commission announced an investigation into Corning for anti-competitive practices, alleging that the glassmaker is preventing competition through exclusive supply agreements. According to the press release, Corning requires mobile phone manufacturers to source all or nearly all of their alkali-AS glass from it, and it also grants rebates to these companies if they do so. Additionally, these phone makers must tell Corning if they receive competitive offers from other glass manufacturers. They arent allowed to accept these offers unless Corning cannot match or beat the price. Similarly, Corning has agreements with companies that process raw glass, forcing them to get all or most of their alkali-AS glass from Corning. They also arent allowed to challenge Corning patents. These charges reinforce how aggressive Corning is in defending its dominant position in the smartphone glass screen market. The latest Apple and Android devices, like the Google Pixel 9, usually have Gorilla Glass screens, as theyre scratch-resistant and prevent cracking or breaking. While not indestructible, the glass does hold up well against damage. However, Cornings market dominance coupled with these practices are enough to get the EUs attention.This article originally appeared on Engadget at https://www.engadget.com/mobile/the-eu-is-looking-into-corning-for-alleged-anti-competitive-practices-140328416.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

25.12How to set up a PS5 for a child
25.12How to transfer your games to the Nintendo Switch 2
25.122025 Christmas Day NFL games: How to watch, full streaming schedule and more
24.12Daily is taking a break. Well be back on January 5th!
24.12Steam and Valve's online games are down
24.12Today's the last day to get $100 off the PS5 and PS5 Pro
24.12How to set up an iPad for a child
24.12Pro-Russian hacker group claims responsibility for DDoS attack on French postal service
Marketing and Advertising »

All news

25.12Northwest Indiana casinos report revenue uptick in August, decrease through November
25.12How to set up a PS5 for a child
25.12How to transfer your games to the Nintendo Switch 2
25.12Christmas spirit offered 'right through the year'
25.12How this Florida barrier island community pushed back against overdevelopment
25.12How classy Jell-O shots became the boozy treat of the season
25.12Whats open on Christmas Day: Holiday hours for fast-food chains, grocery stores, CVS, and more
25.12Today in Chicago History: Stockyards open and receive first shipment of cattle
More »
Privacy policy . Copyright . Contact form .