Joint Statement Issued to Eradicate Unfair Charges

The small business sector has rolled up its sleeves to eradicate unfair charges and foster a healthy market order ahead of the BTS concert in Gwanghwamun.

Song Chiyoung, Chairman of the Korea Federation of Micro Enterprise, is holding the "Campaign to Establish Market Transaction Order and Eradicate Unfair Charges for Trusted K-Tourism" on the 19th in front of the Sejong Center for the Performing Arts in Gwanghwamun, Jongno-gu, Seoul. Korea Federation of Micro Enterprise

Song Chiyoung, Chairman of the Korea Federation of Micro Enterprise, is holding the "Campaign to Establish Market Transaction Order and Eradicate Unfair Charges for Trusted K-Tourism" on the 19th in front of the Sejong Center for the Performing Arts in Gwanghwamun, Jongno-gu, Seoul. Korea Federation of Micro Enterprise

View original image

On March 19, four organizations—the Federation of Small and Medium Businesses, the Korea Merchant Association, the Korea Foodservice Industry Association, and the Korea Hotel Association—announced that they held the "Campaign to Establish Market Transaction Order and Eradicate Unfair Charges for Trusted K-Tourism" in front of Sejong Center for the Performing Arts in Gwanghwamun, Jongno-gu, Seoul.


The event was organized as an industry-led effort to prevent cases of unfair charges—such as missing price tags, excessive price hikes, and unilateral contract cancellations—at a time when hundreds of thousands of domestic and international fans are expected to gather. The small business sector issued a "Joint Statement to Eradicate Unfair Charges and Establish Fair Pricing," pledging to take the lead in creating a trusted K-Tourism environment.


In their statement, they announced three key resolutions: to lead the eradication of unfair charges during peak seasons and large-scale events; to actively cooperate with the government’s measures to eliminate unfair charges; and to launch campaigns to protect honest small business owners and establish fair pricing.

Small business organizations, including the Korea Federation of Small and Medium Business, held a campaign on the 19th in front of Sejong Center for the Performing Arts in Gwanghwamun, Jongno-gu, Seoul, titled "Campaign to Establish Market Transaction Order and Eradicate Unfair Charges for Trustworthy K-Tourism." The Korea Federation of Small and Medium Business

Small business organizations, including the Korea Federation of Small and Medium Business, held a campaign on the 19th in front of Sejong Center for the Performing Arts in Gwanghwamun, Jongno-gu, Seoul, titled "Campaign to Establish Market Transaction Order and Eradicate Unfair Charges for Trustworthy K-Tourism." The Korea Federation of Small and Medium Business

View original image

The small business organizations have pledged to proactively engage in self-regulation to prevent the entire industry from being criticized due to the misconduct of a few companies. They will strictly guide their members on basic principles such as compliance with price labeling, adherence to posted prices, and providing courteous service, while intensifying on-site guidance.


They also decided to actively cooperate with joint public-private inspections and the promotion of reporting systems to ensure that the government’s "Measures to Eradicate Unfair Charges" are effectively implemented on the ground.


Furthermore, they pledged to do their utmost to ensure that small business owners who have maintained reasonable prices receive proper recognition by launching a "Fair Pricing Campaign" and working to build a trusted small business sector.



Song Chi-young, President of the Federation of Small and Medium Businesses, stated, "Unfair charges may provide short-term gains, but ultimately, they undermine the survival of small businesses themselves. With the announcement of this statement, we aim to establish a healthy business culture where consumers and small business owners prosper together and to restore trust in Korea’s commercial districts."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing