class action waiver

A class action waiver is a legal provision in contracts where individuals agree to give up their right to join a class action lawsuit. Instead, they must resolve disputes individually through arbitration or smaller lawsuits. This means if a group of people has a common complaint against a company, they cannot collectively sue that company; each person must handle their issues separately. Class action waivers are often found in agreements for services or products, and critics argue they weaken consumer rights by making it harder for individuals to challenge unfair practices collectively.