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Apple challenges EU order; stock steady

ReutersJun 2, 2025 5:03 PM

Apple AAPL.O shares trading flat after the iPhone maker submitted a legal challenge to the EU order to open its closed ecosystem to rivals

EU's Digital Markets Act aims to curb Big Tech's power; AAPL claims demands stifle innovation

Co argues interoperability rules pose privacy risks, target AAPL exclusively, affecting user experience

Legal battle expected to last years; AAPL must comply with EU order in meantime

AAPL stock down 20% YTD, underperforming Nasdaq .IXIC which fell 1%

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