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Firms routinely terminate their contractual relationship with consumers. During 2019-2020, for example, Facebook terminated 5.4 billion accounts that were supposedly fake; WhatsApp announced that it is terminating 2 million user accounts per month for apparently spreading fake news; and Discord,...
Persistent link: https://www.econbiz.de/10013240787
Millions of consumers are routinely subject to non-transparent consumer contracts. Such contracts undermine fundamental contract law notions. They leave consumers uninformed and disempowered. They also encourage unethical behavior and undercut the ability of legal and meta-legal forces to...
Persistent link: https://www.econbiz.de/10013213303
Law-and-economics conventional analysis contends that franchise termination laws, prohibiting opportunistic termination by franchisor, are superfluous. Well-rooted in traditional law-and-economics opposition to such legislation is the belief that the reputation mechanism serves as a sufficient...
Persistent link: https://www.econbiz.de/10014042587
Transparency is a promising means for enhancing democratic values, countering corruption, and reducing power abuse. Nonetheless, the potential of transparency in the domain of consumer contracts is untapped. This Article suggests utilizing the power of transparency to increase consumer access to...
Persistent link: https://www.econbiz.de/10014260346
This Article is the first to empirically examine whether firms draft well-organized online contracts that consumers can read, navigate, and analyze. “Messy Contracts,” as this Article dubs them, are contracts that lack organizational signals in the form of a table of contents and informative...
Persistent link: https://www.econbiz.de/10014260706