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The 5-4 decision in Citizens United vs. Federal Election Commission struck down on free-speech grounds the long-standing federal and state laws that barred corporations and unions from spending money to elect or defeat candidates for office. The decision applied to all corporations, both for-profit firms and nonprofits.
"It means a U.S. subsidiary of a foreign corporation can now spend freely in U.S. elections," said Tara Malloy, a lawyer with the Campaign Legal Center in Washington.