EU Court Rejects Apple's DMA Challenge as Shares Close at $310.66
On July 8 Europe’s General Court rejected Apple’s final challenge to the Digital Markets Act, confirming gatekeeper status for the App Store and iOS and locking in strict interoperability rules. The ruling follows a July 1 warning from Russia’s antimonopoly regulator that Apple faces a fine of up to 4 billion roubles ($51.6 million) unless it pre-installs Russian apps by July 15. The combined regulatory setbacks across Europe and Russia intensify compliance risks for Apple’s ecosystem, with shares closing at $310.66, down 0.64 percent, and market capitalization at $4.59 trillion.