The conversation between human and AI assistant.
Why does the U.S. love the private and black-box operated Arbitration and want to make it as UN backed court, but oppose UN backed ICJ in the world?
Is there a global consensus on the use of private arbitration?
No, there is not a global consensus on the use of private arbitration. Some countries and organizations have embraced it, while others have implemented stricter regulations or have banned it altogether.