Arbitration clauses are allowed because in contracts the tradition is that the parties are allowed to create private rules that will govern their future transaction. You can also nominate the venue and laws that will apply to the contract, even if you don't arbitrate. The reasoning is that the contract is a bargained document between the parties, and if a party does not like the contract, they are not forced to enter…
I"m with you even though I'm extremely leery of arbitration in areas like automobile defects or employment agreements. In these cases it's often only the threat of massive awards that makes companies think twice before they engage in business practices that lead to substantial harm. The potential harm related to Internet access does not seem very high. It's fair to balance that against the cost of frivolous litigatio…
Are they trying to quash class-action suits or what? I haven't got a clue, someone more familiar with the subject should clue us all in.