The Viscount of Oxfuirdasked Her Majesty's Government:
Whether they will take steps to regulate the franchise industry; and in particular, to introduce disclosure requirements like those in force in the United States and Alberta.
§ The Secretary of State for Trade and Industry (Lord Young of Graffham)The Government are not persuaded that the benefits of a special regulatory regime for franchising would outweigh the disbenefits of imposing new burdens and constraints on the industry.