The European Commission has launched a formal investigation into Corning’s Gorilla Glass product, which is widely used in smartphone and tablet screens. The investigation focuses on whether Corning has established market dominance with its alkali-aluminosilicate glass and excluded competing manufacturers from the industry.
Allegations of Corning Hindering Competition
Gorilla Glass is a preferred product in devices from major tech giants like Samsung and Apple. The European Commission is concerned that Corning may be using this market advantage to hinder the growth of rival companies. It is alleged that the agreements the company has with phone manufacturers may be restrictive to competition.
Margrethe Vestager, the EU’s competition commissioner, highlighted the importance of screen durability for consumers and emphasized the need for strong competition in the market. Vestager stated that the investigation aims to maintain a fair competitive environment.
If Corning is found guilty, the company could face heavy fines. However, there is currently no concrete evidence regarding this situation, which is still under investigation. The European Commission continues to closely examine market dynamics and competitive conditions.
