Justices Set Tough Standard For State Credit Card Fee Laws
Law360, New York (March 29, 2017, 8:19 PM EDT) -- A Wednesday U.S. Supreme Court ruling that a New York law restricting credit card fee disclosures regulated retailers' speech puts similar statutes around the country on shaky ground.
The ruling is part of a long-running battle between retailers and banks and credit card companies about fees for processing credit card transactions. (AP) The unanimous ruling did not state that New York's law, which prohibits retailers from disclosing a surcharge on purchases to cover the cost of credit card processing but lets them show customers that they are not charged the fee when paying cash, was a violation of the First Amendment....
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