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Apple will be sued by the Biden administration in a landmark antitrust lawsuit, sources say

The US Justice Department will file a blockbuster antitrust lawsuit against Apple on Thursday, according to three people familiar with the matter.

It’s the latest – but largest – in a recent string of Big Tech companies to face monopoly accusations from the US government, which is cracking down on the massive industry whose power has gone largely unchecked over the past several decades. Along with his counterpart at the Federal Trade Commission, Lina Khan, Kanter has argued that the United States has for decades allowed a wave of corporate consolidation and anticompetitive practices that ultimately harmed the public through higher prices, fewer choices or reduced innovation. In the era led by founder Steve Jobs, “Apple was a cultural phenomenon that pitted wingtips against sandals; suits against t-shirts,” said James Bailey, a professor of leadership development at the George Washington University School of Business.

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