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In addition, the ‘Law of the Three Fair Economics’, which the Democratic Party has been promoting, has passed the plenary session of the National Assembly. However, as regulations have been relaxed in line with the demands of the business world, criticism has emerged that the Democratic Party has actually raised its hand in the face of pressure from the business world. This is reporter Lee Kyung-guk. Additionally, the Democratic Party has pursued the “Three Fair Economy Act” as a key task with economic reform as the cause. The Commercial Law, the amendment to the Fair Trade Law and the enactment of the Financial Group Supervision Law are linked. However, the bills are assessed to have been significantly withdrawn as they crossed the Standing Committee threshold. The biggest problem is the Fair Trade Law. The question was whether to abolish the “exclusive right to complain,” which only allowed the Fair Trade Commission to file a complaint against unfair behavior such as corporate collusion. The intention was to abolish even the Ahn Construction Committee, which was about to pass the bill. In the end, the Democratic Party won the Justice Party pot and put the bill in plenary session, but just before it passed, it passed an amendment to retain the exclusive indictments. The stance was reversed due to the backlash from the business community that the lawsuit would be prosecuted and the swelling of the prosecution. Immediately there were criticisms of the progressive party, Citizen groups also criticized the bills for having nothing to do with a fair economy and that the Democratic Party declared it a “pro-chaebol party.” The situation is the same for the modification of the Commercial Law. The core of the original government draft was to recognize only 3% of the voting rights of the majority shareholder and related persons when appointing auditors. In the amendment, when selecting auditors who are outside directors, the voting rights of 3% each were not added. It reflects much of the demands and concerns of the business community that it is a violation of management rights and the possibility of abuse by speculators. The amendment to the Trade Union Law, which President Moon made as a promise in the presidential elections, has also lost its meaning. Although the controversial ‘workplace conflict restriction’ was omitted, criticism from the labor community of delaying the improvement of the work environment by extending the term of the collective agreement to a maximum of three years became unavoidable. This is YTN Lee Kyung-guk.
