[Code of Federal Regulations] [Title 29, Volume 4] [Revised as of July 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 29CFR1404.2] [Page 47] TITLE 29--LABOR AND CONCILIATION SERVICE PART 1404_ARBITRATION SERVICES--Table of Contents Subpart A_Arbitration Policy; Administration of Roster Sec. 1404.2 Policy. The labor policy of the United States promotes and encourages the use of voluntary arbitration to resolve disputes over the interpretation or application of collective bargaining agreements. Voluntary arbitration and factfinding are important features of constructive employment relations as alternatives to economic strife.