Corning Inc. has put forward a set of proposals to address an antitrust investigation by the European Union regarding its exclusive agreements for "Gorilla Glass" in smartphone displays.
The European Commission is currently seeking feedback on these proposals, which aim to resolve concerns that the company may have unlawfully limited competition by favoring certain manufacturers.
The investigation focuses on allegations that Corning's practices have restricted consumer choices, increased prices, and impeded innovation in the market.
The outcome of this investigation could have significant implications for both Corning and the wider technology sector, as it aims to ensure fair competition and protect consumer interests in Europe and beyond.