The High Cost of Mandatory Consumer Arbitration

Authors

Mark E. Budnitz

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.

Citation

Mark E. Budnitz, The High Cost of Mandatory Consumer Arbitration, 67 Law and Contemporary Problems 133-166 (Winter 2004)
Available at: https://scholarship.law.duke.edu/lcp/vol67/iss1/6