No more blind Netflix price hikes? Korean bill seeks to make streamers show their math

Streaming giants in South Korea may soon face stricter oversight on subscription rate hikes under a proposed amendment to the Telecommunications Business Act. Introduced Sept. 16 by Rep. Lee Hoon-ki of the Democratic Party of Korea, the bill --currently open for public comment through Sunday -- would require streaming platforms to disclose the basis for their pricing when raising subscription fees. The legislative proposal highlights the growing difficulty consumers face in understanding why str