6533b835fe1ef96bd12a0098
RESEARCH PRODUCT
Franchisors' disclosure duty: market transparency and franchisee protection
Isabel Reig-fabadoRosa Lapiedra-alcamíCarlos Rueda-armengotsubject
Legal statusUnificationbusiness.industryTransparency (market)Strategy and Managementmedia_common.quotation_subjectFranchisee protectionPrivate lawPublic relationsFranchisingDuty of disclosureManagement of Technology and InnovationORGANIZACION DE EMPRESASFranchisebusinessDutyDuty of disclosuremedia_commonLaw and economicsdescription
The franchisee is usually the most vulnerable part of the franchise relationship, and should therefore receive greater protection from the legal framework. In this regard, the franchisor's pre-contractual disclosure duty has evolved in its legal status. Whereas its original purpose was to ensure transparency in the market, it now serves to protect the franchisee. In this paper, we compare the franchisor's obligations established by the legal framework in Spain with those set out in the Model Law drawn up by The International Institute for the Unification of Private Law.
year | journal | country | edition | language |
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2014-05-19 |