Not much, unfortunately.Originally Posted by BobbyOrr
PayPal buries a compelled arbitration in their user agreement, and also bans any kind of group arbitration. So each person fucked by PayPal would have to individually take them to arbitration, which almost nobody will (especially if screwed for under $1000).
This is an abuse of the entire agreement to binding arbitration provision, which was intended so individuals or small businesses could transact with one another, without being concerned about a devastatingly expensive legal battle of something goes wrong. It has been abused by gigantic corpoations, many of which are virtual monopolies, and these terms are stuffed into extremely long user agreements which nobody reads. It's safe to say that at least 99.5% of PayPal users do not realize they have agreed to binding arbitration.
This hole could be fixed by simply a passing law that corporations with more than 50 employees cannot compel binding arbitration with individuals.
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