On February 13th, the Federal
Trade Commission (the “FTC”) announced that it is seeking public comment on its
Trade Regulation Rule entitled, “Disclosure Requirements and Prohibitions
Concerning Franchising” (the “Rule”). As part of the FTC’s periodic
regulatory review, the agency is requesting comments to thirteen specific
questions to address whether franchisors, franchise sellers and franchisees
have benefited from the Rule, what modifications are needed to the Rule, the
costs of compliance and what amendments might be needed to address changes in
relevant technology and economic conditions.
Comments from the public are due on or before April 21, 2019 and the full notice and details on submissions can be found here.