Retailers in the country oppose a single clause in proposed anti-price-hike legislation, with Coles and Woolworths flagging margin pressures after reporting weaker sales. Comparable sales fell three per cent while its quarterly sales slipped 1.7 per cent.
In the Korean port city, the ruling party proposed a bill requiring beach operators to post mandatory fees to prevent tourist-season spikes.
Meanwhile, UK competition experts see parallels between supermarket price debates and possible upcoming official moves .
The proposals come as governments worldwide seek tools to curb sudden price surges.