The High Cost of Mandatory Consumer Arbitration
Budnitz, Mark E.
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- 2010In the Guardianship of De Villarreal Tex. App.
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Abstract
This article critically examines a sampling of arbitration agreements and the rules of the major arbitration service providers and concludes that the cost of arbitration is often prohibitively high, either because consumers simply cannot afford the fees attendant to filing and prosecuting a claim or because the costs of bringing a claim outweigh the benefits of any potential remedies.