Law360, New York ( May 6, 2011, 1:09 PM EDT) -- The U. S. Supreme Court's decision in AT&T Mobility LLC v. Concepcion was a grenade detonated at the center of consumer class action law. For companies that enter into clearly formed contracts with consumers — such as telephone and Internet service providers, banks and credit card issuers, build-to-order retailers, automobile manufacturers and many travel and leisure firms — Concepcion holds the promise of freeing them entirely from at least many types of class actions. All they must do, the Supreme Court said, is adopt consumer-friendly arbitration clauses prohibiting consumers from seeking to have those arbitrations proceed on a class basis. . . .
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