Seoul - Yonhap
The government on Thursday pressed the country's dairy companies to limit price hikes following the recent adjustment in raw milk prices, warning it will take all necessary measures to penalize businesses that try to make excessive and undue profits. "There are not many factors that warrant a price increase. (Milk companies) must minimize price hikes or don't raise prices at all," the Ministry of Agriculture, Forestry and Fisheries said in a press release