U.S. companies use arbitration while an agreement is in effect to avoid wildcat strikes or unplanned work stoppages.

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Arbitration is the use of a neutral third party, typically jointly selected, to resolve the dispute. U.S. companies use arbitration while an agreement is in effect to avoid wildcat strikes (in which workers walk off the job in violation of the contract) or unplanned work stoppages.

US Companies Use Arbitration While an Agreement Is in Effect