But class-action suits are ideal when a large number of people suffered a minor monetary loss. How are you going to deal with these cases if only arbitration is

But class-action suits are ideal when a large number of people suffered a minor monetary loss. How are you going to deal with these cases if only arbitration is left? If these cases are handled on an individual basis nobody will seek redemption. Whether and how much the lawyers or the plaintiffs receive in compensation is not so important in my eyes, what matters is the exemplary effect on businesses.