The European Commission is investigating Corning's possible abuse of market dominance in smartphone glass supply, focusing on practices that may limit competition.
The Commission expressed concerns that Corning's agreements might exclude rival producers from significant market segments, reducing customer options and increasing prices.
Margrethe Vestager emphasized the importance of competition in the glass market for mobile devices, stating it’s vital for keeping prices low and quality high.
The formal investigation by the European Commission aims to determine if Corning's practices breach EU competition laws, potentially stifling innovation and harming consumers.
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