Business · Companies · 1 hr ago

South Korea targets 17 wedding businesses over missing price information

South Korea targets 17 wedding businesses over missing price information

South Korea’s Fair Trade Commission targeted 17 wedding businesses for failing to disclose required information.

The businesses offer wedding services such as venues, photography, dresses and makeup.

Rules require them to show details and prices for basic and optional services, as well as cancellation penalties and refund terms.

Inspectors found some prices and partner details missing from websites, a consumer price site or contract covers.

The action follows concerns about rising wedding costs, extra charges and unclear refund rules.

The disclosure rules aim to help couples compare offers and make informed choices.

The commission has sent advance notices of fines and plans to decide the final amounts by the end of October.

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Fair Trade Commission officialUnnamed official
The significance of this measure is that, after the guidance period for the important information notice ended in May, it strictly addressed the opaque price displays and additional charges customary in the wedding services market and guaranteed prospective couples' right to make rational choices.
via Yonhap