PROTECT ENTERPRISES AND CONSUMERS > Arbitration
   
 
Arbitration, developed and strengthened by the Chambers system, allows entrusting a third party (or a board), rather than a judge, with the settlement of a dispute between entrepreneurs and between entrepreneurs and consumers. In case of arbitration at the Chambers of Commerce, reference is generally made to administered arbitration, through which the parties are obliged to comply with the provisions of the Chambers authority in the management of the relevant procedure. Settling disputes through arbitration entails expenses by far lower than those needed in case of Civilian Justice, besides a reduction in waiting times, since dispute settlement is more flexible, as it is not subject to the formal and bureaucratic constraints requested by the judicial system.

Since their establishment, the Chambers of Commerce were the natural seat for the settlement of disputes between economic operators and, thence, their functions always included the promotion of the constitution and the regulation of permanent arbitration for dispute settlement. The reform law no. 580 of 1993 confirmed the entrustment of this task to the Chambers of Commerce, envisaging that they, either individually or in an associated form, can promote the establishment of arbitration and conciliation commissions to settle disputes between enterprises and between enterprises and consumers. Arbitration Chambers are suitable authorities established by the Chambers of Commerce for carrying out the arbitration activity.

The legitimation of arbitration originates from the Code of Civil Procedure, which envisages that the parties can decide to entrust arbitrators with the settlement of the disputes arisen between them. In other words, the submission of the dispute to arbitration must be established by the parties, which can arrange it in advance, through an arbitration clause included in the agreement they sign. In default of said arbitration clause, once the dispute arose, the parties can have recourse to arbitration through the above-mentioned arbitration clause, that must be made in writing and indicate the subject-matter of the dispute, under pain of invalidity. The arbitration clause must contain the indication of the arbitration Chamber to be applied in case of dispute; it shall contain the assignment of arbitrators, or it shall fix their number and the appointment procedures.
Arbitration Chambers implement previously adopted regulations providing for the rules on the carrying out of arbitrations. Said regulations are binding only with reference to the opposing parties that implemented them while undertaking to entrust the arbitration Chamber with the settlement of the resolution arisen.
The decision of the board of arbitrators is called award; it must be decided by a majority of votes and it must be in writing. It must show dates and place of the arbitration agreement, besides the brief presentation of the reasons for the arbitration decision and the final ruling.