4 ms·
Arbitration exists because it is a much faster and cheaper process. Corporations don't get to pick the arbitrator - they mutually chosen.
by jibe 4y ago
Arbitration exists because it is a much faster and cheaper process. Corporations don't get to pick the arbitrator - they mutually chosen.
- wikibob 4y agoFalse.
- encryptluks2 4y agoThis is false. The pro se legal system exists and even filing a federal claim for approx $400 is cheaper than most arbitration agreements. When I explored arbitration, the costs alone to file were around $2500. Companies have a lot of control of arbitration providers as well.
- charcircuit 4y agoWere you seeking arbitration as a consumer? It should have only been like a couple hundred dollars.
- encryptluks2 4y agoYes I was. They set the arbitration provider and those were the costs. Lest not forget that district and superior court cases are usually around $100, and small claims in the range of $30 to $60.
- babypuncher 4y agoIf arbitration wasn't so lopsided then corporations wouldn't have to contractually force it on people. There is no good reason we should let companies take choice and power away from consumers like this. They only do it because it benefits them.