I'm wondering why Binding Arbitration is legal in the United States or if there's any way to fight against it. The idea of Binding Arbitration is great for businesses but completely awful for consumers, employees or just about anyone that's not the business. I was looking at the ToU for Netflix and noticed that they have a Binding Arbitration in their contract. I then looked it up as I was unfamiliar with this type of law was and was completely astounded as to the idea of it even being of legal precedence. It sounds completely illegal and unconstitutional to even be able to require someone to sign such a clause. The fact of giving up your legal rights to an attourney, judge, a jury, discovery, the right to appeal, and the right to be a part of or start a class action lawsuit. Then to top it all off, all of the proceedings and outcomes are to stay hush hush.
That sounds like complete garbage and completely against the constitution. It wouldn't be so bad if it wasn't for the fact that this Binding Arbitration clause is found in tons of contracts that the average individual is required to sign, such as employment, leases for new and used cars, insurance for doctors, cars, medical, nearly every type of loan and even crap like memberships to gyms. How the hell is this considered a legal practice? Is there any way at all to fight against such a clause?
That sounds like complete garbage and completely against the constitution. It wouldn't be so bad if it wasn't for the fact that this Binding Arbitration clause is found in tons of contracts that the average individual is required to sign, such as employment, leases for new and used cars, insurance for doctors, cars, medical, nearly every type of loan and even crap like memberships to gyms. How the hell is this considered a legal practice? Is there any way at all to fight against such a clause?