# Platform Managed Arbitration

Platform-Managed Arbitration is a centralized solution where platforms have the power to rule on the disputes which arise on services created with them.

This is conducted similar to how most marketplaces handle disputes today - with customer service agents or administrators deciding rulings.

{% content-ref url="/pages/UBuLl4u6jTNwzR8Avtth" %}
[Escrow & Dispute Contracts](/technical-guides/lower-level-guides/smart-contracts/escrow-and-dispute.md)
{% endcontent-ref %}

### Updating arbitration price

Platform which choose to use platform-managed dispute resolution can decide what price they take for arbitrating on a dispute.

The price is initially set to 0 and can be updated at any time.


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