Preventing others from bringing you to justice via lawsuits implies to me they intend to do something illegal.
You could be charitable and say arbitration is a cost saving mechanism for lawsuits you successfully defend yourself from (the loser doesn’t pay your legal fees in some countries).
Ah yes. Binding arbitration clauses, just as the forefathers intended.
We promise we won’t do anything illegal and worth suing us over, so just waive your right to sue us!
This is a massive oversight in a country’s code of law.
I’m not even at all sure that they promised that
Preventing others from bringing you to justice via lawsuits implies to me they intend to do something illegal.
You could be charitable and say arbitration is a cost saving mechanism for lawsuits you successfully defend yourself from (the loser doesn’t pay your legal fees in some countries).