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Apple's Scary Buying Power And The Woman Who Named It

Celebrating the legacy of Joan Robinson, the British economic theorist who named a powerful — and increasingly worried about — force in the economy.

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Last month, the Supreme Court opened the door for Apple to lose a lot of money. It decided in — the rare court case that sounds like a deathmatch between fruits and vegetables — that Apple could be held liable for how it runs its App Store. Apple typically takes a 30% cut from every app and service sold there, and Robert Pepper, the lead plaintiff for a class action,

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