Post #4130960

2026-07-27 05:31 UTC

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

Replies (2)

@paulschoe@mastodon.world 2026-07-27 06:09

@pluralistic@mamot.fr 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. #Rights #Consumers

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@ZhiZhu@newsie.social 2026-07-27 08:37

@pluralistic@mamot.fr "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

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