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Apple accused of smartphone monopoly in U.S. antitrust lawsuit

WASHINGTON (Reuters) -- The U.S. Department of Justice and 15 states on Thursday sued Apple, alleging it used the powerful demand for its iPhone and other products to drive up prices for its services and hurt smaller rivals, the latest move in a U.S. crackdown on Big Tech.

Apple joins corporate rivals sued by U.S. regulators, including Alphabet's Google, Meta Platforms and Amazon.com across the administrations of both former President Donald Trump and President Joe Biden.

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