Gorilla Glass producer Corning has proposed several commitments in an attempt to settle an antitrust investigation initiated by the European Union. The bloc launched a probe into Corning on November 6th over concerns the New York-based company used exclusivity contracts to push out rival glass makers from the phone industry,

Corning has offered to loosen its grip on smartphone glass market to address concerns over its alleged anti-competitive behavior.

Failure to follow guidelines could result in fines up to 10% of Corning's worldwide turnover.

After the European Union opened a competition investigation into Corning earlier this month, citing concerns over alleged exclusive dealing, the Gorilla

Glass maker Corning has offered to scrap all exclusive clauses in its deals with mobile phone makers and raw glass processing companies to end an investigation, EU antitrust regulators said on Monday,

Corning is offering to drop phone exclusivity deals to end the European Union’s antitrust investigation. That would include both existing deals and future

The European Commission on Monday said U.S. maker of break resisting glass Corning had offered to waive all exclusive deals with mobile phone manufactures to address concerns over possible anticompetitive behaviour.

Corning Inc. offered a slate of commitments in a bid to settle an European Union antitrust probe over alleged exclusive deals for its break-resistant “Gorilla Glass” in smartphone screens.

Corning has offered to scrap all exclusive clauses in its deals with mobile phone makers and raw glass processing companies to end an investigation, EU antitrust regulators said today.