Highlights - Parliament encourages a wider spreading of franchising in the EU - Committee on the Internal Market and Consumer Protection

MEPs asked the EU Commission to come up with recommendations on how to further develop the franchising sector in the EU and to draw up a list of unfair trading practices. The franchising business model is currently under-performing in the EU, representing only 1.89 % of GDP, as opposed to 5.95 % in the USA and 10.83 % in Australia, says Parliament in a report on the functioning of franchising in the retail sector approved on Tuesday by 617 votes to 31, with 43 abstentions.