The Franchise Lawyer | Vol. 10 No. 3| Spring 2007
At last. In somewhat anti-climactic fashion, the Federal Trade Commission (“FTC”) approved the amended FTC Franchise Rule (“Amended Rule”) on January 22, 2007, and released it and an accompannyin Statement of Basis and Purpose to an eagerly-waiting franchhis community and franchise bar. The Amended Rule revamps the old FTC Rule, which the FTC has not touched since its promulgation in 1978. Franchisors may choose to comply with the Amended Rule beginning July 1, 2007, during an initial phase-in...