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As many had expected, the Supremes overturned a 20-year-old ruling that essentially prohitibts companies from using their own money to contribute to campaigns. With the new decision, businesses can spend more freely to support or oppose candidates, though there's still a prohibition on direct contributions to candidates from corporations and unions. (AP)
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.