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Chicago's $1.16B Parking Deal Faces Antitrust Lawsuit

By Khorri Atkinson (June 23, 2021, 7:25 PM EDT) -- Three Chicagoans are suing an investment entity led by Morgan Stanley & Co. over a controversial $1.16 billion deal it reached with the city to get control of Chicago's pay-to-park system, alleging that an amended 75-year-long contract signed in 2013 unlawfully gave the company monopoly power over the parking meter system....

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