this post was submitted on 27 Sep 2024
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IANAL, what does this mean?
It means you love anal.
Sorry, it's Friday and i am silly.
A binding Arbitration would involve the submission of a dispute to a neutral party who hears the case and makes a decision.
Instead of solving the dispute in court before a judge and/or jury.
Filling fees for an arbitrator may be higher than filing a case in court.
Pre-printed consumer contacts with banks, credit card companies, automobile and home dealers usually use this.
Take it with a grain of salt , because also IANAL
Which is why Valve is making the change. They were potentially paying a lot for these filings.
https://www.reuters.com/legal/legalindustry/column-mass-arbitration-target-valve-accuses-law-firm-litigation-funder-2023-12-08/