[raj_o]

They are a problem now. Absolute power corrupts absolutely. This is a one sided contract. Can you ever envision a contract solely drafted by one side to be beneficial to both sides?

The only contradictory 'evidence' is talk about why it's better; that is, companies claim it's an easier and cheaper process. They fail to mention that what they mean is, it's easier and cheaper to them.

As a consumer, I want the laws to be written by my elected politician, don't you? Sure, there's a lot of unfairness to it. But I can't imagine a selfish corporation, one that keeps claiming their only loyalty is the the share holder, will do much better.

Just one example. You know VWs recent emission scandal? In the USA those people signed not only an arbitration agreement, but one that disallows class actions. You won't hear the problems that arbitration is causing because those problems won't make it to a court of law to be a problem.