The translated heading is: "EU Commission Opens Proceedings Against Manufacturing Giant Corning

The European Commission has launched an investigation into the American glass manufacturer Corning. The primary concern is that Corning's exclusive supply agreements with mobile phone manufacturers and raw glass processing companies could significantly restrict competition in the glass market. The competition authorities are particularly focused on potential market abuses by Corning in the production of mobile phone glass. Margrethe Vestager, the EU's chief competition watchdog, stated that there is the possibility that the industry giant is deliberately restricting the market presence of more affordable and robust alternatives. The investigation pays special attention to exclusive procurement commitments, exclusivity discounts, and clauses that allow Corning to be informed about competitive offers and only recognize them if they are not undercut. Agreements with raw glass processors, which also contain exclusive purchasing commitments and non-challenge clauses, are being thoroughly examined. To address possible EU concerns, Corning may now make concessions. Otherwise, it faces hefty fines of up to 10% of global turnover for violations of EU competition law.