Poll: Americans Oppose Forced Arbitration, Demand Corporations Be Held Accountable
Washington, DC – Americans widely oppose corporations using mandatory binding arbitration clauses in the fine print of consumer and employment contracts, according to national polling of likely voters conducted by Lake Research Partners. Forced arbitration clauses are hidden in the fine print of everything from cell phone, home, credit card and retirement account terms of agreement to employment and nursing home contracts...Fair Arbitration Now Coalition, an organization of consumer and community groups released poll results last week showing most people have no idea they're giving up a constitutional right when they sign contracts containing an arbitration clause. When details of mandatory arbitration are made clear, 59% of Americans say they oppose the practice and would back legislation requiring that arbitration be voluntary, the poll found...companies win nearly 84% of cases they initiate. Six in 10 likely voters support the Arbitration Fairness Act – including majorities of Democrats, Republicans and Independents.
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