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House Judiciary Subcommittee holds hearing on Federal Arbitration Act

As Levin & Perconti blogged about last week, forced arbitration clauses are receiving pressure from consumer rights organizations like AAJ and Public Citizen and polling results indicating opposition to mandatory arbitration clauses. Now, they are receiving pressure from legislators as well. The bipartisan Arbitration Fairness Act aims to ensure that the decision to arbitrate is made voluntarily and after a dispute has arisen. On May 5, a House Judiciary Subcommittee held a hearing on whether the credit card industry is using mandatory arbitration clauses to quash legal claims.

To read more about the hearing.
To read about the polling results.