The European Commission accepts Corning's offer to end exclusivity terms in its supply contracts, ending an antitrust investigation opened in November 2024 (Samuel Stolton/Bloomberg)
221d ago
Technology
Techmeme

The European Commission has closed its antitrust investigation into Corning Inc. after the company offered to eliminate exclusivity clauses in its supply contracts. The investigation, launched in November 2024, centered on concerns that these clauses restricted competition. By agreeing to remove the exclusivity terms, Corning avoids potential fines from the EU. The Commission accepted Corning's offer, effectively resolving the antitrust concerns and concluding the investigation.