By — Associated Press Associated Press Leave your feedback Share Copy URL https://www.pbs.org/newshour/nation/supreme-court-swipe-fees-law Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Supreme Court orders new look at ‘swipe fees’ law Nation Mar 29, 2017 10:41 AM EDT WASHINGTON — The Supreme Court is ordering a lower court to take a new look at a New York law that prohibits businesses from imposing fees on credit-card purchases. The court ruled unanimously Wednesday in a case about fees that merchants pay to credit-card issuers each time a customer charges a purchase. The fees typically range from 2 percent to 3 percent and generate more than $50 billion a year. The issue before the justices was whether the measure violates merchants’ free-speech rights. The federal appeals court in New York that upheld the law concluded that it regulated conduct, not speech. The justices said the law deals with speech and ordered the appeals court to re-evaluate it. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now By — Associated Press Associated Press
WASHINGTON — The Supreme Court is ordering a lower court to take a new look at a New York law that prohibits businesses from imposing fees on credit-card purchases. The court ruled unanimously Wednesday in a case about fees that merchants pay to credit-card issuers each time a customer charges a purchase. The fees typically range from 2 percent to 3 percent and generate more than $50 billion a year. The issue before the justices was whether the measure violates merchants’ free-speech rights. The federal appeals court in New York that upheld the law concluded that it regulated conduct, not speech. The justices said the law deals with speech and ordered the appeals court to re-evaluate it. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now