[nevdka]

Being capable of spending millions on lawyers doesn't mean a rich company wants to spend millions on lawyers.

In many (if not most) cases, loosing at a fair arbitration would be cheaper for the company than winning in court by outspending on lawyers.

Of course, there's also the 'stopping class actions' thing.

[emodendroket]

Sure, but winning at an unfair arbitration, or discouraging the plaintiff from even pursuing the claim because of the greater barriers and penalties for failure, is even cheaper.