|
|
|
|
|
by daveFNbuck
2686 days ago
|
|
If you did this to Fitbit, you'd have to spend $750 for each arbitration, plus advertising costs to find people who need arbitration. Fitbit will lose up to $162 each time you do this, plus their costs to attend the arbitration. Let's assume their average cost is $200 and yours is $800. Are you willing to spend a million dollars to cost Fitbit $250k? This wouldn't hurt Fitbit much, and it's going to be a lot of work to find, vet, and distribute money to the 1,250 people who are willing to undergo arbitration. Even if your plan worked, you'd just have spent a bunch of money to make Fitbit live up to some of the legal obligations it was using arbitration to avoid. This wouldn't change anything going forward. The main benefit would be to the people who got their $162 in value. If that's your goal, you could help a lot more of those people if you just gave each of them $162 rather than spending $750 to help them go through the process. Or you could spend your millions lobbying to change the laws so Fitbit can't require arbitration with a $750 fee. |
|