BRUSSELS, Nov 6 (Reuters) - EU antitrust regulators
opened on Wednesday an investigation into U.S. glass maker
Corning's exclusive supply deals with mobile phone
makers and raw glass processing companies on concerns that these
may exclude rival glass producers from large segments of the
market.
The European Commission said it would assess whether Corning
abused its dominant position in the global market for glass used
mainly in mobile phones.
"We are investigating if Corning, a major producer of this
special glass, may have tried to exclude rival glass producers,
thereby depriving consumers from cheaper and more
break-resistant glass," EU antitrust chief Margrethe Vestager
said in a statement.
The EU investigation will focus on exclusive sourcing
obligations, exclusivity rebates and clauses requiring phone
makers to inform Corning about competitive offers and accepting
these offers only if Corning fails to match the price,
regulators said.
The probe will also look into Corning's deals with companies
that process raw glass that include exclusive purchase
obligations and no challenge clauses.
The EU competition watchdog said Corning, which sells a
break resistant glass used as cover for mobile phones, tablets
and smartwatches under the Gorilla Glass brand, may now offer
concessions to address its concerns.
Companies risk fines as much as 10% of their global turnover
for breaching EU antitrust rules.