Fairness in Franchising Act

Summary

Fairness in Franchising Act - Provides that it shall be a violation of this Act for any franchisor engaged in commerce, directly or through any officer, to terminate, cancel, or fail to renew a franchise for any reason whatsoever without having first given written notice of such termination, cancellation, or intent not to renew to the franchisee at least ninety days in advance of such termination cancellation, or failure to renew. Provides that it shall be a violation of this Act for any franchisor engaged in commerce to engage directly or indirectly in methods of competition with any franchisee that constitutes unfair methods of competition within the meaning of the Federal Trade Commission Act. Requires actions brought pursuant to this Act to be commenced within 2 years after the cause of action accrued or it shall be forever barred.

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1 official file

• Introduced in Senate

  summary · EN · 8 February 1973

  Open at official source

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