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All of which leads me to think there should be some third party arbitration for this sort of thing.

There are companies that do this - in the US, we have the Better Business Bureau (BBB) and they handle this sort of thing for offline companies. The problem with this approach is one of cost - if I want my company to appear "In Good Standing" with the BBB, I have to pay $800 per year regardless of whether anyone files a complaint or praise with my company. Ouch. Good luck getting that to work on the web.




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