HomeBlogFranchising industry holds its breath as FTC takes a closer look at regulations

Franchising industry holds its breath as FTC takes a closer look at regulations

Last month, the Federal Trade Commission wrapped up a public comment period in response to its request for information on the sector and its business practices. The agency sought input from stakeholders, including franchise operators, workers and parent corporations, as it scrutinizes franchising practices.

It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

The move suggested the FTC is potentially considering closer regulation of the sector — with big implications for some of the largest restaurant and hospitality companies in the U.S. and their employees. The agency declined to comment on any potential changes or when they could come.

Now the industry awaits an outcome.

The FTC told CNBC it received more than 5,500 comments on the inquiry, indicating “broad interest in ensuring fairness in franchising.”

It uses a dictionary of over 200 Latin words, combined with a handful of model sentence structures, to generate Lorem Ipsum which looks reasonable. The generated Lorem Ipsum is therefore always free from repetition, injected humour, or non-characteristic words etc.

The standard chunk of Lorem Ipsum used since the 1500s is reproduced below for those interested. Sections 1.10.32 and 1.10.33 from “de Finibus Bonorum et Malorum” by Cicero are also reproduced in their exact original form, accompanied by English versions from the 1914 translation by H. Rackham.

Leave A Reply

Related

Related Posts

  • Blog
  • April 22, 2024
Have realistic expectations When amazon announced the $13.7bn acquisition of Whole Foods Market in 2017, it came after...
  • Blog
  • April 20, 2024
Elon Musk has been pushing the X brand since before the turn of the century,...
  • Blog
  • April 20, 2024
In an interview with ETMarkets, Bhave, who has over 25 years of experience across the...
  • Blog
  • June 20, 2023
Depending on the account balance, savings account interest rates will vary. Here are banks offering...

Buy Coaching Now!

Categories

Demos
Processing!