Senator Catherine Cortez Masto (NV) has once again supported protections for franchisees by sending a letter to the Federal Trade Commission expressing her concerns with disclosure and franchisor behavior in light of the Covid-19 pandemic. The press release and letter can be found here.
All of us have heard the argument: franchises are in a heavily regulated industry. Really? This paper will attempt to briefly clarify what is specifically regulated, what isn’t, and is it enough considering those investing in a franchise not only risk their investment, but likely all their assets. We hear the Federal Trade Commission (FTC) […]