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Sure, but bear in mind class action lawsuits are fairly specific to the USA. Mandatory arbitration clauses are less useful outside the USA because people are le
by peoplewindow 9y ago
Sure, but bear in mind class action lawsuits are fairly specific to the USA. Mandatory arbitration clauses are less useful outside the USA because people are less likely to sue to begin with, and cannot sue as a group.
There may at some point be a huge negative event as you describe. I'm not sure there extremely rare events should be used as the basis for sweeping regulations. That has not worked out well in the past.
- eesmith 9y agoI switched to that example because the same argument concerning privacy might also hold there, but where there is a difference between US law and the law elsewhere. I did that to suggest that it may be another counter-example showing how that argument isn't really a strong one. "That has not worked out well in the past." - the VPPA worked out pretty well, though of course not perfectly. It has been changed since then. I personally like the requirement that if I no longer am a customer of a company (like Netflix) then they don't keep track of my records. That's a requirement of VPPA for video records, and I don't see how that requirement won't work out well for other areas.