> Arbitration itself is not a problem. The selection of the arbiters is. That's true, if the goal is to settle a specific unique dispute between two parties.

> Arbitration itself is not a problem. The selection of the arbiters is. That's true, if the goal is to settle a specific unique dispute between two parties. The problem is that arbitration in the US isn't used as strategy to settle such disputes, it's used to keep disputes secret and divide-and-conquer wronged parties to make dispute settlement impractical for them. Basically, it serves to tip the scales further in favor of the largest, savviest players.