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And would arbitration not work for them? It seems like if the arbiter ignored clearly defined terms in the contract, you could seek some redress from the arbit
by Buttons840 4y ago
And would arbitration not work for them?
It seems like if the arbiter ignored clearly defined terms in the contract, you could seek some redress from the arbitration company itself. They are regulated I presume?
But yes, cost of justice is a problem.
- whythre 4y agoMost arbiters are paid by the corporations that participate in arbitrage, which ‘encourages’ them not to bite the hand that feeds.
- GavinMcG 4y agoArbitration, by the way, not arbitrage. Arbitrage is done by arbitrageurs.
- Buttons840 4y agoI'm sure that is a real concern, but I've run across several stories recently of people having a good experience with arbitration.