Legal types - what do you think?

[acuore]

Will this hold legal water?  I feel like these arbitration clauses everywhere are really getting out of control and creating something of a shadow legal system.  

"General Mills GIS +0.00% , maker of Lucky Charms and the Betty Crocker and Pillsbury brands, has installed a new privacy policy in which consumers who engage with its brands online, including liking them on Facebook or downloading coupons, withdraw their legal right to sue the company.":

blogs.marketwatch.com/behindthestorefront/2014/04/17/if-you-like-general-mills-on-facebook-you-surrender-legal-rights/

[LoveTrains]

Pls see other post on topic.