Wrong, it was the wrong decision. The courts have no right to tell a privately owned company who they can or cannot do business with. Secondly, the constitution does not forbid private citizens from stopping some one's 1st amendment rights, only the government is forbidden to do so.
This ruling is just another screw up from a left wing judge.
The reasoning, inasmuch as it can be called that, seems to be that since the city gives that bus line a monopoly, the bus line becomes a spokes arm of the city.
.....when Little Rock's public bus line denied them the right to place $5,000 worth of ads on city buses.
What evidence do you have that indicates that Central Arkansas Transit Authority is a private company?