PLEASE KNOW YOUR RIGHTS!
Corporations are using mandatory arbitration to eviscerate consumers' legal rights. The latest example is Equifax. It collected personal information on most of us without our consent. Now, in response to a massive cyberattack where most of that information was hacked, the company has created a website where we can find out whether our personal information has been exposed.
Oh, but there's one catch: to access the site we have to sign away our right to take the company to court for any wrongdoing. Buried in the fine print is a provision that forces consumers into mandatory closed-door arbitration, and bars class action suits.
The arbitration process gives corporations the upper-hand in legal disputes by bypassing normal courts. These hidden provisions have been slipped into all sorts of contracts, from credit card forms to employment agreements.
Mandatory arbitration clauses are an abuse of corporate power. They must not be used to deny access to the courts.
What do you think?
https://www.bloomberg.com/news/articles/2017-09-08/equifax-s-hacking-nightmare-gets-worse-thanks-to-arbitration-clause
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