Myeongdong Cosmetics Shopping 2026: No Price Tag Means Don't Buy — Here's the Law Behind It

Bottom line: If a cosmetics shop or street stall in Myeongdong has no visible price tags, walk away and buy elsewhere. If a staff member only quotes a price verbally and starts bargaining, that store is likely already operating in violation of the law.
If you didn't know: Article 3 of Korea's Price Stabilization Act bans sellers from failing to display prices or displaying false ones, and violations carry a fine of up to 10 million won. Seoul's Jung-gu district designated the whole Myeongdong area a mandatory price-display zone starting October 2024, yet a follow-up inspection a year later still found some underground-arcade shops not properly displaying prices. If you're talked into a 'discount' price at a shop with no price tags, there's no reference point to tell whether you actually paid more than you should have.
At a glance: Myeongdong designated a mandatory price-display zone from October 2024. Legal basis: Price Stabilization Act, Article 3. Fine for violation: up to 10 million won. Report problems via Seoul's Dasan Call Center at 120, or the Tourist Complaint Center at 1330 (foreign-language support available).
Alongside large chain stores like Olive Young and Aritaum, Myeongdong is packed with small independently run cosmetics shops and street stalls, and repeated controversies have involved some of them skipping price tags and simply naming a figure to bargain with foreign tourists. Back in 2012, a Jung-gu inspection of 69 Myeongdong cosmetics shops found 66 failing to display prices properly. Seoul city and Jung-gu have run repeated crackdowns and notices since, and from October 2024 Myeongdong was formally designated a mandatory price-display zone. Even so, some underground-arcade shops have kept turning up in follow-up checks without proper price tags, so checking for visible pricing yourself is the most reliable way to protect yourself.
Big-brand chain stores almost always use clear electronic price labels, making them relatively safe, and perks like instant tax refunds or foreign-visitor discount coupons can be confirmed right at the register. A shop that skips tags and just asks 'how much would you like to pay' is best avoided from the start. If you do run into trouble, keep your receipt or payment record and report it to the 120 Dasan Call Center or the 1330 Tourist Complaint Center — both offer foreign-language support.
Journey stage: ④ During the trip · Verified 2026-10-13 · Source Guro-gu District Office public notice, Jung-gu/Seoul enforcement reports
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