Intellectual property piracy has all the potential for conflict between private sector firms and governments. Conflict resolution today is commonplace. There is no government-sponsored courts designed to resolve conflicts in a global sense that we have in a domestic way. Because the pace of business is so fast and global communication today is instant, conflict resolutions need to be timely and cost-effective. The traditional means of resolving conflicts do not meet this criteria.
International litigation tends to be costly and a consumer of much time.
International firms frequently face open discrimination in some countries' courts. Firms today need additional means of resolving conflicts. The means by which the WTO deals with trade disputes is referenced in the WTO website below. Organizations like the WTO offer a collaborative means of conflict resolution. There seems to be a growing trend in international business disputes to resort to a collaborative means of resolving the trade dispute.