Bargaining, Haggling, Negotiating – we have to do it when buying cars, no matter what we call it. Here’s why – http://priceonomics.com/why-do-we-haggle-for-cars/
Regardless of whether you love or hate Fox Fox News, this news could impact you.
Fox News CEO, Roger Ailes, facing a sexual harassment and retaliation lawsuit is now trying to remove the case from court into private arbitration – away from the media and public eye. Gretchen Carlson, former Fox anchor, filed the sexual harassment suit against Ailes for his alleged requests for Carlson to turn around so he could observe her “posterior” and for her to “get along with the boys.”
The FOX CEO argues that Carlson does not have a right to a public trial, claiming a mandatory arbitration clause in Carlson’s contract stating that any employment dispute must be done confidentially, in arbitration. According to a 2011 study by Cornell University’s Alexander Colvin, employees in private arbitration proceedings have lower success rates and are awarded less money damages.
Whether in employment contracts or auto sale contracts, the danger of mandatory arbitration clauses is that our Constitutional right to trial is forcibly stripped away, our voice silenced and justice evaded. Read more about the case here: https://www.washingtonpost.com/blogs/erik-wemple/wp/2016/07/09/roger-ailes-opts-for-secrecy-cowardice-in-face-of-gretchen-carlson-suit/