Consumer ADR in Romania

Publikation: Kapitel i bog/rapport/konference-proceedingKapitel i bogForskningpeer review

Abstract

This chapter offers an in-depth look at Romania’s legal framework and practical application of consumer alternative dispute resolution (ADR) mechanisms. It traces the evolution of ADR mechanisms in the country, from their inception to the current legal framework established by Government Ordinance (GO) 38/2015. The chapter examines the roles of various ADR entities, including the ADR Directorate within the National Authority for Consumer Protection (NACP), the Alternative Banking Dispute Resolution Centre (ABDRC), and ADR-Fin within the Authority for Financial Supervision. It also investigates the advantages and disadvantages of ADR mechanisms, emphasising their potential for quicker and more cost-effective dispute resolution compared to traditional court proceedings. Furthermore, the chapter explores the challenges and opportunities associated with ADR in Romania, addressing issues such as awareness, complexity, and the reluctance of traders to participate. It concludes by stressing the necessity for enhancements in the legislative framework and the importance of establishing a stable, impartial, and transparent framework for resolving consumer disputes to bolster consumer trust and participation in ADR procedures.

OriginalsprogEngelsk
TitelConsumer Alternative Dispute Resolution in Emerging Economies
RedaktørerEda Sahin-Sengül, Serkan Kaya
UdgivelsesstedLondon/New York
ForlagRoutledge
Publikationsdato1. jan. 2025
Sider108-124
ISBN (Trykt)9781032660981
ISBN (Elektronisk)9781032689739
DOI
StatusUdgivet - 1. jan. 2025

Bibliografisk note

Publisher Copyright:
© 2025 selection and editorial matter, Eda Sahin-Sengül and Serkan Kaya. All rights reserved.

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