Manufacturer of smartphone screen protective glasses known as Gorilla Glass Corningis considering abandoning its Gorilla Glass deals to avoid penalties from the European Union. The European Union began an antitrust investigation against the company on November 6.

European Commissionalso explained the solution suggestions that Corning offered in its press release. These suggestions include alternatives such as giving up all special rights, not creating such agreement clauses in the future, and eliminating the inventory requirement.

They will not enforce patents for breach of contract

Corning too break-resistant safety glasses will only exploit its patents in the event of patent infringement. In case of contract violation, such sanction will not apply.

of the European Union Corning offer If accepted, these terms are valid worldwide. Moreover, this arrangement remains valid for at least nine years. In this process, the European Union will have the task of monitoring whether Corning keeps its promises.

This agreement is, of course smartphone manufacturers It will also have consequences for other parties, such as Other parties therefore have six weeks to object to these commitments. It is also possible that changes to the commitments may be made based on these objections.

With these commitments, Corning inability to convince or if it does not comply with the agreement, it could be fined 10 percent of its annual turnover, which is $1.25 billion according to its 2023 financial statements.