Corning, maker of toughened Gorilla Glass for phones, faces EU antitrust probe
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The European Union has launched an antitrust investigation into Corning, a U.S. manufacturer known for its Gorilla Glass used in mobile devices like Apple's iPhone. The probe is focused on potential anti-competitive practices.
November 06, 2024 | 1:00 pm
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Corning is under investigation by the EU for potential anti-competitive practices related to its Gorilla Glass products. This could impact its business operations and market perception.
The EU antitrust investigation into Corning could lead to legal challenges and potential fines, affecting its financial performance and stock price negatively in the short term. The company's reputation and relationships with key clients like Apple might also be impacted.
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