Corning offers bundle of commitments in bid to settle EU antitrust probe

After the European Union opened a competition investigation into Corning earlier this month, citing concerns over alleged exclusive dealing, the Gorilla Glass maker has offered a raft of changes to its contract clauses aimed at settling the probe. The U.S. company is a supplier to major electronics brands including Apple’s iPhone, and the changes could also be meant to prevent the investigation from ramping up further. Confirmed breaches of competition rules can result in penalties of up to 10% of global an ...