High Court Frees Cos., Unions To Fund Attack Ads

Law360, New York (January 21, 2010, 8:25 PM EST) -- In a groundbreaking opinion that sweeps away decades' worth of campaign finance restrictions, the U.S. Supreme Court found Thursday that there is no distinction between a corporation and an individual when it comes to protected political speech, paving the way for corporations and labor unions to spend freely on advertisements for political candidates.

The much-anticipated decision, which declared certain restrictions unconstitutional, could have sweeping ramifications for the way campaigns look and feel in the high-pressure run-ups to national elections because it frees corporations, industry groups, unions...
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