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The Third Fair Economy Law primarily seeks to expand the issue of deprivation of private interest regulations, strengthen the requirements for ownership of holding companies and grandchildren, and abolish the ‘exclusive accusation system’ for collusion such as price and bid.
Recently, it is known that Samsung Electronics Vice President Lee Jae-yong, Hyundai Motor Group Executive Vice President Eui-sun Eui-sun, SK Group President Choi Tae-won, and LG Group President Koo Kwang-mo, have held a private meeting and discussed economic issues.
According to the business community, Lee Jae-yong, vice president of Samsung Electronics, is immersed in business planning in the second half of the Chuseok holiday. After taking overseas business trips every public holiday, this year he is expected to focus on field management by staying in Korea with Corona 19 and visiting major business sites.
Vice President Lee has visited domestic and foreign business sites a total of 19 times this year and continues with a wide range of on-site management. The previous year, I visited the Brazilian business site, inspected smart home appliances and production lines, and then visited the Chinese semiconductor business site and Suwon business site in turn.
Earlier on the 9th, after completing a strategic meeting with the presidents of the Samsung Electronics studio division, they paid a surprise visit to the Samsung Daechi branch of Samsung Digital Plaza in Gangnam, Seoul, to hear the opinions of the employees in the venue and customer responses. In particular, this day’s visit drew attention, as it was the first management action at the site carried out after the prosecution’s decision to prosecute without detention. The business community has been concerned that the legal risks surrounding Vice President Lee will negatively affect his management activities.
Hyundai Motor Group Senior Vice President Eui-sun Eui-seon is reportedly taking a break and immersing himself in planning the future business and mobility management in the second half. In particular, Vice President Chung is expected to do his best to prepare medium and long-term plans for green mobility projects.
SK Group Chairman Choi Tae-won is also expected to take a break and focus on the management plan in the second half. Earlier, in an email sent to members, Chairman Choi said, “The unpredictable change in the management environment and the emergence of a new ecosystem that originated from Corona 19 have become inevitable.” He encouraged us to think of him as a suitable partner for profound change, which was a milestone, and to use him as an opportunity for growth. “
LG Group Chairman Koo Kwang-mo also said, “The business environment in the future will become more serious and difficulties will continue for a considerable period of time.” Now is the turning point that we must change, ”he ordered to overcome the crisis in the era of Corona 19. President Koo takes a break as usual during the Chuseok holidays and assimilates the busy schedule of the second half of the plan of business.
In particular, Chairman Choi and Chairman Koo have a task to find during the Chuseok holidays to solve the SK Innovation and LG Chem battery patent wars. It is therefore noteworthy that the two companies will be able to find clues to resolve the battery dispute after the Chuseok holiday.