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Re:Cutting ‘Old Heads’ at IBM by occamrazor on Thursday March 22, 2018 @01:07PM (#16650550)
Arbitration itself is not a problem. The selection of the arbiters is. From what I have seen, in Europe generally the panel is composed of two members chosen by the two parties and a third one by common agreement (any previous agreement being null and void) or, in case of disagreement, nominated by the president of the local tribunal.
Re:Cutting ‘Old Heads’ at IBM by Slansitartop on Thursday March 22, 2018 @04:14PM (#16652294)
> Arbitration itself is not a problem. The selection of the arbiters is.

That's true, if the goal is to settle a specific unique dispute between two parties.

The problem is that arbitration in the US isn't used as strategy to settle such disputes, it's used to keep disputes secret and divide-and-conquer wronged parties to make dispute settlement impractical for them. Basically, it serves to tip the scales further in favor of the largest, savviest players.