Marginal Revolution has a post which refers to EULA (end user legal jargon). Seems to me we consumers need an ombudsman with authority over all EULA's--someone who will read them on our behalf, because you know the corporate lawyers who draft them aren't concerned with the consumer at all.
Ideally the ombudsman would be able to do a version of the nutrition facts label on food--something which would summarize the critical facts for consumer.