Fairness in Franchising Act

[AI summary unavailable — showing source text] Fairness in Franchising Act - Directs the Federal Trade Commission to conduct a continuing review and study of the substantive and procedural law applicable to franchises and franchising. Provides that no franchisor who is doing business in or affecting interstate commerce shall cancel, fail to renew, or otherwise terminate a franchise unless he furnishes prior notice of at least 90 days to each franchise affected thereby. States that a franchisor who is doing business in or affecting interstate commerce shall not cancel or terminate a franchise unless: (1) such franchisor has good cause for such cancellation or termination or (2) such franchisor is effecting a marketing area withdrawal. States that a franchisor who is doing business in or affecting interstate commerce shall not terminate a franchise by failure to renew unless: (1) such franchisor has good cause for such failure to renew; (2) such franchisor has a legitimate business reason for such failure to renew if the term of the agreement which is not being renewed was five years or more; or (3) such franchisor is effecting a marketing area withdrawal upon the expiration of the terms of the franchises outstanding in the area …