BUZZ-Apple challenges EU order; stock steady

Reuters

2025/06/03

** 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%

(Reporting by Noel Randewich)

((noel.randewich@thomsonreuters.com))

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