Final Offer Arbitration in Chilean Electric Legislation

Chilean legislation regulating the electric sector provides that a panel of experts will solve the relevant discrepancies. To do so, the panel shall have to adopt one of the alternatives in discussion without being able to adopt intermediate values. This is to say disputes shall be decided by final offer arbitration. After a brief introduction on the conflict resolution procedure according to the Chilean legislation on the electric sector, this article offers an overview on final offer arbitration. Finally, the article provides some suggestions worth exploring that may contribute to the improvement of the arbitration procedure established by the Chilean legislation on the electric sector so that the procedure adaps better to the circumstances of each specific case.URL: http://200.21.104.25/juridicas/downloads/Juridicas12(2)_7.pd