TITLE

Arbitration angst

AUTHOR(S)
Wilson, Amy; Freedman, Eric
PUB. DATE
March 2013
SOURCE
Automotive News;3/11/2013, Vol. 87 Issue 6559, p25
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the public inquiry by the Consumer Financial Protection Bureau into how arbitration clauses are affecting consumers and financial services companies in the U.S. The scrutiny may put an end to the use of arbitration agreements in vehicle sales. But for automobile dealers, the need of arbitration means the loss of a tool that speeds up dispute resolution, cuts costs and minimizes the risk of class-action lawsuits.
ACCESSION #
86141902

 

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