New Poll Shows a Majority of Americans Oppose Mandatory Binding Aribtration
A poll released yesterday by Lake Research Partners indicates that a majority of Americans oppose Mandatory Binding Arbitration (MBA). The study included 800 American adults who were likely to vote in the upcoming 2010 election cycle. Specific results were as follows:
- 59% of likely voters oppose the inclusion of mandatory binding arbitration clauses in consumer and employment contracts.
- 6 out of ten Americans support the Fair Arbitration Act.
- Over 2/3 of the sample didn’t realize that they were subject to mandatory arbitration clauses that were buried in the fine print of contracts they had signed with credit card companies, cell phone service providers and others.
- More than 70% of respondents were completely unaware that MBA’s could keep them from suing employers and consumer product companies in a court of law.
The results of the poll were announced yesterday by the Fair Arbitration Now coalition at a Capital Hill news conference that was held to commemorate Arbitration Fairness Day.
