4 ms·
This is one of the tradeoffs of forcing arbitration. If you take away my ability to file suit, you pick up more of the fees. When I did it last year, filing as
by caseysoftware 7y ago
This is one of the tradeoffs of forcing arbitration. If you take away my ability to file suit, you pick up more of the fees. When I did it last year, filing as a plaintiff was a flat $250. Getting pissed off people to come up with $250 may be a challenge but not impossible.
* I'm not sure if you could pull a Thiel/Hulk Hogan thing to bankroll an arbitration swarm but if so, this could definitely get ugly for companies that misbehave.
- arbitraryacct 7y ago"this could definitely get ugly for companies that misbehave" It doesn't just have to be companies that misbehave. If you don't like your competitor, maybe you'll sponsor that $250 per user to allow their userbase to throw arbitrations at them. You can burn your competitor down at a ratio of at least 1:5 if you do something like this. If you take some fees for every case you win or that ends up settling, the ratio will be far better than 1:5 The arbitration system as it stands is a tool that allows anyone with enough money and intention to smite any company by pulling together unhappy users and paying arbitration fees for them.
- C4stor 7y agoIf only companies had a way to escape the arbitration system... oh wait, they self select this system even though there's nothing forcing them to ! Arbitration is a tool, but it's totally unfair to say it's used by anyone else than the company choosing it.