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- Corning staves off antitrust fine as EU regulators accept concessions to mobile phone makers</p>
<p>Foo Yun CheeJuly 19, 2025 at 12:58 AM</p>
<p>By Foo Yun Chee</p>
<p>BRUSSELS (Reuters) -EU antitrust regulators on Friday accepted glass maker Corning's offer to waive exclusive deals with mobile phone makers and glass processing companies and scrap purchasing clauses to end an eight-month long investigation and stave off a possible fine.</p>
<p>The U.S. company, which sells a break resistant glass used as a cover for mobile phones, tablets and smart watches under the Gorilla Glass brand, counts Samsung, Sony, Google, HP, Dell and Nokia as its customers.</p>
<p>Apple is reportedly a customer too.</p>
<p>Corning submitted concessions to the European Commission in November last year.</p>
<p>Corning has now agreed "to waive all exclusive dealing clauses in all its current agreements with OEMs (original equipement makers) and finishers", the EU antitrust enforcer said in a statement.</p>
<p>It will also not require OEMs to purchase, or cause their supply chain to purchase, more than 50% of their demand from the company.</p>
<p>The offer is valid for 9 years. EU antitrust violations can cause companies as much as 10% of their turnover.</p>
<p>(Reporting by Foo Yun Chee)</p>
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