With all big companies seemingly colluding to update their terms of service at the same time recently to include something about “ARBITRATION” – can someone please explain what this Arbitration agreement is?

Question

With all big companies seemingly colluding to update their terms of service at the same time recently to include something about “ARBITRATION” – can someone please explain what this Arbitration agreement is?

In: Other

Answer 1

It means you can’t take them to court, or at least public, government court. You essentially still go through a similar process, but there’s no jury, just an arbiter (judge), and it’s typically behind closed doors and confidential.