Gov't inspects gas station suspected of excessive price hike, vows stern response

Gov't inspects gas station suspected of excessive price hike, vows stern response

Industry Minister Kim Jung-kwan vowed Monday a stern response against gas stations that excessively hike fuel prices despite a price cap system, after conducting a spot check on a gas station suspected of unfair market practices, Kim's office said. A special government inspection team, led by Kim, visited an unidentified gas station in Seoul that raised gasoline and diesel prices by a bigger margin than the adjusted price ceiling increases for s…