Government Tightens Grip on Shrinkflation After Kyochon Controversy

SEJONG, Nov. 6 (Korea Bizwire) — South Korea’s agriculture minister said Wednesday that restaurant companies should be required to inform customers when they reduce product sizes, as public anger grows over so-called “shrinkflation” — the practice of cutting portions while keeping prices the same. “It is a matter of consumers’ right to know,” Agriculture Minister Song [...]