OnTheIssuesLogo

Heritage Foundation on Corporations

 

 


Arbitration limits trial lawyers and helps consumers

There have been numerous attacks in the courts and in Congress on the Federal Arbitration Act (FAA) and the arbitration process. Critics claim inaccurately that the FAA was meant to apply only to disputes between commercial entities. In truth, arbitration is an efficient and fair alternative to our costly and burdensome litigation system to resolve disputes, particularly between businesses and consumers. The only real alternative [is] expensive and time-consuming litigation that in many cases does more to line trial lawyers' pockets than redress consumers' injuries.

Any study by the Consumer Financial Protection Bureau should examine whether a limit on arbitration would:

Source: Heritage Action 2013 voting recommendation on arbitration , Jul 17, 2013

  • Click here for definitions & background information on Corporations.
  • Click here for a profile of Heritage Foundation.
  • Click here for VoteMatch responses by Heritage Foundation.
  • Click here for AmericansElect.org quiz by Heritage Foundation.
Other pundits on Corporations: Heritage Foundation on other issues:


Opinion Leaders on the Right:
Cato Institute
Milton Friedman (Nobel Economist)
Rush Limbaugh (Radio Talk Show Host)
Ayn Rand (Author and Philosopher)
Heritage Foundation (Think Tank)
Libertarian Party
Republican Party
Ronald Reagan(President,1981-1989)
Joe Scarborough (Former Congressman; Radio Host)

Opinion Leaders on the Left:
American Civil Liberties Union
Democratic Party
Noam Chomsky (Author and Philosopher)
Green Party
Arianna Huffington (Internet Columnist)
Robert Reich (Professor and Columnist)
Howard Schultz (CEO of Starbucks)
John F. Kennedy(President,1961-1963)
Sierra Club
Abortion
Budget/Economy
Civil Rights
Corporations
Crime
Drugs
Education
Energy/Oil
Environment
Families/Children
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Immigration
Infrastructure/Technology
Jobs
Principles/Values
Social Security
Tax Reform
War/Iraq/Mideast
Welfare/Poverty
Search for...





Page last updated: Aug 03, 2017