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Sign InApple has criticized European Union proposals that would require Google to grant AI competitors access to its core services. According to Reuters, Apple argues that these measures, tied to the Digital Markets Act (DMA), would introduce significant risks to user privacy and security. The EU is currently enforcing these rules to foster greater competition within the rapidly evolving artificial intelligence sector.
Apple's defensive stance comes as the company faces similar regulatory pressure to open its own ecosystem, having reported services revenue of $24.21 billion in its most recent fiscal quarter (per Q2 2024 earnings report). In comparison, Google parent Alphabet has shown robust growth in cloud and AI sectors, while markets monitor how these regulations will impact the profit margins of mega-cap tech firms with trillion-dollar valuations per market data.
Traders are currently watching Apple (AAPL) shares, which stood at $183.05 (close May 12, 2026) amid anticipation of final regulatory rulings in Brussels. Looking at the economic calendar, investors are awaiting the Lagarde speech on May 8, 2026, for broader regional economic sentiment. Legal developments regarding the DMA will remain a primary catalyst for tech sector volatility in the coming weeks.