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Industry & ICT
This committee settles disputes about manufacturing, intellectual rights, production delivery or mistakes, product liability, etc.
Example of ICT: SOFTWARE GmbH from Frankfurt is a small company and that develops software for big car brands of China. Unfortunately a defect appears in some countries. To estimate damages and to have different procedures in each country is impossible. Arbitration permits to settle everything at once (in Brussels) and in a single language, English but with respect of each local (national) law.