> Rep. Dan Bishop, R-N.C., however, raised concerns that the broad prohibitions in the FAIR Act would prevent parties from freely entering into contracts and would burden the judicial system. "This bill will ban arbitration agreements across nearly all contracts," he said. "It outlaws arbitration agreements with respect to not only big, huge corporations but the most humble businesses and parties in the country."<p>Absolutely horrible, won't you think of the mom and pop shops that force their employees into binding arbitration agreements?<p>It's pretty mask off when a bill that makes it so that <i>both</i> parties have to agree and have the right to to refuse arbitration means an effective ban on it.