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by Terr_
727 days ago
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> The Magnuson-Moss Warranty Act is superseded and voided by the American Arbitration Act. Poking around, I found this [0] from 2015 that suggests the opposite, unless a certain malign President caused the FTC to switch policies. > the FTC has taken the position since 1975 that binding arbitration provisions are prohibited in warranties. [...] The FTC specifically rejected the argument that an arbitration proceeding is not an [informal dispute settlement mechanism] because it is binding and therefore outside the [Magnuson-Moss Warranty Act], which permits warrantors to establish [informal dispute settlement mechanism]s for breach of warranty claims and require consumers to use such [informal dispute settlement mechanism]s before bringing a civil suit. [0] https://casetext.com/analysis/ftc-continues-to-ban-mandatory... |
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