Reported 8 months ago
Scholars studying 'information asymmetry,' recognized with Nobel Prizes in Economics in 1996 and 2001, delve into the recent intense disagreement between dairy farmers and the Ministry of Health and Welfare over the revision of dairy product labeling regulations. The article discusses the stability and advancements in the local dairy industry, improvements in milk quality, competition with imported dairy products, issues with the current labeling regulations, and the need for clearer information disclosure to promote fair competition and protect the domestic dairy industry.
Source: YAHOO