An alternative dispute resolution gains momentum among Cypriot companies and consumers

Consumers in Cyprus have an alternative dispute resolution in their disposal, which the Competition and Consumer Protection Service of the Ministry of Energy, Commerce Industry and Tourism has set in place during the past year.

The interest of Cypriot companies to register, in order to be able to benefit from this form of dispute resolution, already very popular elsewhere in Europe, is glowingly increasing.

Emilia Papachristodoulou from the Competition Service told CNA that the alternative dispute resolution (ADR) aims to forge strong ties between companies and consumers through trust, while offering a simple, quick and low-cost resolution option without having to take legal recourse.

Source: Cyprus News Agency