Reported 12 months ago
The Supreme Court ruled 6-3 in favor of a North Dakota truck stop that wanted to sue over a regulation on debit card swipe fees, even though the federal appeals court had upheld it 10 years ago. The decision opens the door for new challenges to regulations long after they take effect, marking the third blow to federal agencies in a week. This ruling, along with last week's decision on the Chevron case, is expected to lead to more successful litigation challenges against federal regulations.
Source: YAHOO