When typing anything longer than what minecraft will show, there will be a space when creating a new line. It would look like:
{line 1}
{line 2}
One command example is a command block for when i was setting up the anouncements. The command is:
/tellraw @p {"text": "", "extra": [{"text":"Heres how money works. You can buy items at the shop at spawn. If you die, you loose all your money. Don't die. You gain money by killing hostile mobs. Heres how much each is worth:","color":"green","clickEvent":{"action":"run_command","value":""}}]}
This will type the first line and all the others will have a space before the text. I have not seem this before untill 1.7 and it causes colored chat on some bukket servers to become normal chat when the text is on 2 lines.
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Well this annoys me and i still think it is something that is annoying to many people. If someone wanted to seperate something, they would make a few spaces to start a new paragraph or something similar. I don't like it.
I believe that this was done intentionally. The spacing allows players to see the difference between a new sentence or continuation of the previous line.
This was already in the game (in previous Minecraft versions). The /tellraw command uses the same way to handle text as previous versions.