Amazon (AMZN) has reinstated binding arbitration for its US customers and barred them from pursuing class action lawsuits, according to updated user conditions posted on the company's website Friday.
The updated terms replace Amazon's prior requirement that customers bring legal claims in Washington state courts, Reuters reported.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.