A binding arbitration decision is made by whom?

A binding arbitration decision is made by an appointed single arbiter. This process involves selecting a neutral third party who has the authority to make a legally binding decision on a dispute between two parties, typically in the context of labor negotiations or other contractual disagreements. The arbiter listens to both sides present their positions and evidence, then applies the relevant laws and contractual agreements to reach a conclusion. This allows for a resolution that is final, as both parties have agreed to abide by the arbiter's decision in advance, providing certainty and closure to the dispute.

The other options do not accurately capture the role in binding arbitration, as committees or representatives may be involved in the negotiation process prior to arbitration, but the actual decision-making authority lies with the single arbiter. Government regulators are typically not involved unless specifically mandated in certain regulatory contexts, and a labor union committee would not have the power to impose a binding resolution.