House committee reviews H 7733 to tighten rules for franchisors, void noncompetes in franchise agreements The Commerce & Economic Development committee reviewed H 7733, a 22-page bill that would restrict franchisorsy voiding franchise noncompetes, requiring notice and repurchase obligations on termination, banning predispute mandatory arbitration and limiting certain franchisor-imposed costs; committee members questioned retroactivity, termination standards and supplier pricing.

A new bill in Vermont aims to revolutionize franchisor-franchisee relationships by voiding noncompete agreements and enforcing fair termination practices—could this be the change the industry has been waiting for?

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