in 2019, there were more people in America struck by lightning than consumers who got monetary awards from an arbitration panel.
Matt Stoller
https://www.thebignewsletter.com/p/monopoly-round-up-how-to-stop-the
Post
in 2019, there were more people in America struck by lightning than consumers who got monetary awards from an arbitration panel.
Matt Stoller
https://www.thebignewsletter.com/p/monopoly-round-up-how-to-stop-the
"Ok, so that’s the problem. Where’s the fix? ... #Congress can pass a #law saying that forced arbitration doesn’t apply to #CivilRights, antitrust, employment, or consumer rights cases, unless both parties choose after the dispute occurs. You might not think that’s possible, but such a law actually passed the #House of Representatives 2022... It didn’t, however, get through the #Senate."
https://www.thebignewsletter.com/p/monopoly-round-up-how-to-stop-the
#Enshittification #Politics #News #Press #US #USA #UnitedStates
From the article:
Courts have traditionally not allowed people to waive the right to sue.
But binding arbitration agreements are now routine in everyday contracts.
Since these court decisions, tens of billions of dollars that used to flow to consumers, employees, and small businesses stopped.
More importantly, big business simply no longer has to care about treating anyone honestly, because there is effectively no more redress through the courts.
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