Retailers in Australia oppose a single clause in draft pricing rules , with Coles and Woolworths flagging margin pressures after reporting weaker sales. Comparable sales fell three per cent while Woolworths said its sales slipped 1.7 per cent last quarter .
In the Korean port city, the ruling party proposed a bill requiring beach operators to post mandatory fees to prevent seasonal price hikes .
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.