On Page 5 of a credit card contract used by American Express, beneath an explainer on interest rates and late fees, past the details about annual membership, is a clause that most customers probably miss. If cardholders have a problem with their account, American Express explains, the company “may elect to resolve any claim by individual arbitration.”
Those nine words are at the center of a far-reaching power play orchestrated by American corporations, an investigation by The New York Times has found.
Continue reading: Arbitration Everywhere, Stacking the Deck of Justice
Commentary by The Secular Jurist: We highly recommend reading the entire NYT article for it contains several disturbing revelations such as the key role played by U.S. Supreme Court Chief Justice John Roberts in dismantling the practice of class action lawsuits in America which are essential to protecting ordinary consumers from corporate abuses.