Mandatory arbitration has gone too far.
The Federal Arbitration Act of 1925 was intended to allow businesses to engage in contracts in which both parties are of equal power, and have decided to agree to arbitration prior to disputes. It was not intended to apply to situations in which one party has more power than the other, or to supersede other federal laws.
The Arbitration Fairness Act of 2015 helps fix these problems by rendering any mandatory arbitration clauses unenforceable in antitrust, consumer protection, civil rights and employment disputes.
The President has already made a start, by banning mandatory arbitration in employment disputes where the employer has a federal contract worth at least one million.
Let's ban it in all asymmetrical cases, or at least most.