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As it applied to independent spending.
As a result, corporations can now spend unlimited funds on campaign advertising if they are not formally “coordinating” with a candidate or political party. https://www.brennancenter.org/our-work/research-reports/citizens-united-explained
Super Pacs cannot contribute to candidates but can spend for advertising and political communication.
The S.C. decision was based on a fraud, that all donations would be open and public. They were not.