Analysis of information sources in references of the Wikipedia article "Consumer arbitration" in English language version.
We had not until very recently proceeded under [Section] 1022 [of the Dodd-Frank Act] at all. We did just now send out an order to a number of companies to provide us with template consumer credit agreements as part of our efforts on the arbitration study.
Thanks to a Supreme Court ruling last year, tech companies are allowed to block class action lawsuits in their terms of service. The ruling allowed AT&T to force customers into arbitration, which tends to favor companies over consumers. Since that court decision, several companies have taken advantage of the opportunity to stop potential class action lawsuits. Microsoft, with its Xbox 360, and Sony, with its Playstation 3, are notable examples.
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