Supreme Court asks lower court to review law barring retailers from charging more to buy with credit cards
A New York law that barred retailers from charging customers more when they use credit cards instead of cash hit a legal roadblock Wednesday when the Supreme Court sent the law back to a lower court for more review. The justices agreed with merchants in New York state that the law actually curtailed their free speech by mandating what they say to their customers about the credit card fees. The lower court had upheld the New York law as a pricing regulation only and not as a matter of free speech.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.