Planet Money Surprise, you just signed a contract! How hidden contracts took over the internet
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Jul 15, 2023 Dive into the world of hidden online contracts that you unknowingly engage with daily. Hear the horror story of an individual who found out he signed away his right to sue after facing discrimination on a popular platform. Explore the evolution of contract law from traditional agreements to the digital age, highlighting a landmark case that shaped how we accept these contracts. Discover how the convenience of online services often comes at the cost of personal autonomy, turning contracts into tools of compliance.
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Greg Seldon’s Airbnb Discrimination Case
- Greg Selden, planning a romantic getaway, encountered racial discrimination on Airbnb.
- He sued but Airbnb's lawyers revealed he'd waived his right to sue in the terms of service.
Hidden Contracts and Legal Consequences
- Modern internet contracts often go unnoticed, leading to unintended legal consequences.
- Users unknowingly agree to terms by clicking 'next' without reading the fine print.
The Evolution of Contract Law
- Contracts facilitate trust between strangers by providing legal enforcement of promises.
- The modern contract, developed in the 1800s, prioritized free will in agreements, boosting the economy.