How are customers getting screwed? By not being able to get titanic and totally unjustified jury awards? And Verizon's arbitration clauses have zero to do with our horrid trade policies, Chinese currency manipulation and people borrowing more to buy a house than they could afford to pay back.
Wait, so you're saying it's OK for a company to not disclose a contract that you have with them until after you've agreed to it? Contract law generally requires you to know what you're signing for the contract to be enforcable.
reply to Dogfather Verizons corporate policies of "it's ok" to screw customers and deny them due process contributes heavily to the overall problem of commerce here in the United States and the overall problem of the "greed is good" philosophy. it's not good when it wrecks an economy like it has done here. how can you say it's ok for a corporation to screw customers? why are they afraid of full disclosure prior to signing up customers? you don't think that's wrong and after locking the customer into an unfair contract they should not be allowed to sue the corporation or ask for their money back without a termination fee? you obviously either work for Verizon or a lobbyist. a telecom company is no different than a lender if it screws people.
Wait, so you're saying it's OK for a company to not disclose a contract that you have with them until after you've agreed to it? Contract law generally requires you to know what you're signing for the contract to be enforcable.
You can't agree to a contract you haven't agreed to.
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