THE INSTITUTE OF ARBITRATION IN THE NEW CODE OF CIVIL PROCEDURE AND ITS RELATIONSHIP TO CONSUMERS´ RIGHTS

Abstract

Arbitration is discussed as an alternative for the solution of conflicts. The paper demonstrates the applicability of the institution with regard to consumers. The social, technological, economic and political evolution of the 20th century gave birth to fast and efficient mechanisms to solve several types of conflicts since delay and costs imposed by the State shunned the less favored citizen. Through such expediencies, the parts feel satisfied since time is important and basic in the solutions of conflicts. Law 13129 and the new Code of Civil Procedures deal with the institute and guarantee a different type of solution. Certain caveats are required so that the Vulnerability Principle in the Code for the Defense of Consumers may be respected. Current research employs the analytic method and bibliographical research technique for results.