South Korea’s Fair Trade Commission and seven major restaurant chains, including CJ Foodville, will now require at least one week’s advance notice to consumers before price hikes or product downsizing, aiming to enhance transparency and curb excessive increases.
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https://en.infomaxai.com/news/articleView.html?idxno=107263
#YonhapInfomax #FairTradeCommission #CJFoodville #PriceIncrease #RestaurantChains #ConsumerNotification #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=107263

CJ Foodville and Six Other Restaurant Chains to Enhance Transparency—Advance Notice Required for Price Hikes
South Korea’s Fair Trade Commission and seven major restaurant chains, including CJ Foodville, will now require at least one week’s advance notice to consumers before price hikes or product downsizing, aiming to enhance transparency and curb excessive increases.