arbitraryacct

3 ms·

1. 1.▲
   by arbitraryacct 7y ago

   The $1500 doesn't go to the customers, it goes to the courts. It's effectively a fine that a customer can arbitrarily impose on a company.
2. 2.▲
   by 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 t
3. 3.▲
   by arbitraryacct 7y ago

   Not allowed
4. 4.▲
   by arbitraryacct 7y ago

   Yes, when you file an arbitration against a company, regardless of how legitimate your filing is or how likely it is to be thrown out of court, that company is out at least $1000. If you wanted, you could pull together 10,000 HN users to fi
5. 5.▲
   by arbitraryacct 7y ago

   Arbitration is extremely disruptive. If someone takes you to arbitration, you pay $1k non-refundable, simply because they want to take you to court. If you do end up in court, it's another $20k just for JAMS fees. Again, non-refundable