Disclosure Laws in the Digital Era : The Case of Franchising

This book introduces AI and big data standards for evaluating mandated disclosures and improving market transparency. Using the franchise disclosure regime as a detailed case study, it provides practical tools and regulatory guidance for readers concerned with how disclosure laws can better support commercial decision-making in the digital era.

Disclosure laws aim to empower individuals to make better decisions, yet in practice they often overwhelm readers with excessive and inaccessible information. Disclosure Laws in the Digital Era explains why traditional regulatory approaches fall short and how technological advances offer new opportunities to evaluate and improve disclosure quality. Through a comprehensive study of the U.S. franchise disclosure regime, Uri Benoliel demonstrates how AI and big data standards can assess whether disclosures genuinely help prospective franchisees understand key risks. Benoliel proposes a forward-looking framework that integrates technology into disclosure design, offering more reliable and scalable methods for regulatory oversight. Combining doctrinal analysis, empirical insights, and policy recommendations, the book offers valuable insights for scholars of disclosure, franchising, consumer protection, and contract law, as well as for policymakers, regulators, and legal practitioners seeking to strengthen transparency and informed decision-making in the digital era.