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Myeongdong Overhaul: Mandatory Price-marking to Curb Deceptive Practices

Myeongdong Overhaul: Mandatory Price-marking to Curb Deceptive Practices

SEOUL, Aug. 30 (Korea Bizwire) — Myeongdong, renowned for its shopping scene and bustling with international tourists, is taking proactive steps to reshape its reputation from a “price-gouging haven.” Jung Ward office in Seoul revealed plans on Tuesday to designate Myeongdong as a mandatory price-marking zone, effective from October, aimed at eliminating deceptive pricing practices. [...]