Rakoff Blocks NY Ban On Credit Card Swipe Surcharges

Law360, New York (October 3, 2013, 3:07 PM EDT) -- U.S. District Judge Jed S. Rakoff invoked free speech grounds Thursday to block a state ban on credit card surcharges, handing a victory to merchants who want to charge extra for swipes — and a Washington lawyer who brought the case told Law360 he will soon target other state statutes.

Attorney Deepak Gupta of Gupta Beck PLLC applauded Judge Rakoff, who issued an injunction blocking an Empire State statute, General Business Law Section 518, which says "no seller in any sales transaction may impose a surcharge...
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