tiprankstipranks
Corning probed by EU over supply deals with mobile phone makers, Reuters says
The Fly

Corning probed by EU over supply deals with mobile phone makers, Reuters says

EU antitrust regulators opened an investigation into Corning’s (GLW) 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, Reuter’s Foo Yun Chee reports. The European Commission said it would assess whether Corning abused its dominant position in the global market for glass used mainly in mobile phones.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App