Common Valve W
Big win for consumers, at least in the US. People tend to do better in courts here than they do in arbitration (where one side pays the judge(arbitrator)).
Anyone can ELI5 this thing? I’m pretty lost
Twofold: One, they lost a case in arbitration that basically said arbitration isn’t usable.
Two: Lot of companies do arbitration to avoid court, which works fine and is cheaper if you’re not getting taken to court much. If 75,000 people that could do a class action suit all go to arbitration though, the benefit is lost. Lawyers threatened that. 3 grand a arbitration case x 75,000 people == 225 million dollars on fees alone.
Thank you, when does steam need to do arbitration?
Previously, any time they’d normally go to court, which was fairly rare, per the article.
