arbitration pretty much provides zero benefit to the consumer and all benefit to the organization. a big piece is that if you sign off on an arbitration clause, then there’s no such thing as class action lawsuit anymore.
some companies make you sign a handwritten letter through snail mail just to opt out, because they don’t want anyone filing a lawsuit, and definitely dont’ want a lot of them filing together.
this is another case of corporations saying “this option is best!!” while leaving out the “for us” part
this is why it’s a big deal that steam said fuck that noise
Forced Arbitration is when a company puts something in their terms of service that forced the user to go through a process of arbitration as opposed to going to court. It is always rigged towards the company who forces it, because they are the people paying the arbitrators.
I’m not a lawyer: Many companies are updating their terms requiring that disputes are settled through arbitration, usually where a 3rd party selected by the company rules on the disagreement.
It’s meant to protect them from excessive lawsuit payments that can happen when you go to court.
Valve went the other way, and is saying that all legal disputes should go to court instead.
IANAL, what does this mean?
It means you love anal.
Sorry, it’s Friday and i am silly.
A binding Arbitration would involve the submission of a dispute to a neutral party who hears the case and makes a decision.
Instead of solving the dispute in court before a judge and/or jury.
Filling fees for an arbitrator may be higher than filing a case in court.
Pre-printed consumer contacts with banks, credit card companies, automobile and home dealers usually use this.
Take it with a grain of salt , because also IANAL
Thank you fellow anal lover
Which is why Valve is making the change. They were potentially paying a lot for these filings.
https://www.reuters.com/legal/legalindustry/column-mass-arbitration-target-valve-accuses-law-firm-litigation-funder-2023-12-08/
arbitration pretty much provides zero benefit to the consumer and all benefit to the organization. a big piece is that if you sign off on an arbitration clause, then there’s no such thing as class action lawsuit anymore.
some companies make you sign a handwritten letter through snail mail just to opt out, because they don’t want anyone filing a lawsuit, and definitely dont’ want a lot of them filing together.
this is another case of corporations saying “this option is best!!” while leaving out the “for us” part
this is why it’s a big deal that steam said fuck that noise
Forced Arbitration is when a company puts something in their terms of service that forced the user to go through a process of arbitration as opposed to going to court. It is always rigged towards the company who forces it, because they are the people paying the arbitrators.
If you have a dispute with Valve you have to hire a lawyer to take them to court. No “third party” mediation
Most disputes most likely fall far below the limit for small claims, where a lawyer is not required, or even allowed in many cases.
I’m not a lawyer: Many companies are updating their terms requiring that disputes are settled through arbitration, usually where a 3rd party selected by the company rules on the disagreement.
It’s meant to protect them from excessive lawsuit payments that can happen when you go to court.
Valve went the other way, and is saying that all legal disputes should go to court instead.