Retailers in Australia oppose a single clause in pending price-gouging laws , with major grocers flagging margin pressures after reporting weaker sales. Its sales slid three per cent while the rival said sales slid 1.7 per cent .
In the Korean port city, the ruling party proposed new draft legislation requiring beach operators to post mandatory fees to prevent seasonal price hikes .
Meanwhile, UK competition experts see parallels between supermarket price debates and possible Burnham government policies .
The proposals come as governments worldwide seek tools to curb sudden price surges.