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Seoul must seize moment to reform chaebol after Korean Air family feud

Activist investing should prompt President Moon Jae-in to open up commerce

| South Korea
Korean Air's passenger planes are parked at Incheon International Airport on Mar. 24: the challenge these days is finding enough parking spaces.   © Reuters

Last week, a dramatic family feud over a business in Korea came to a climax -- only this was no ordinary family nor it was any ordinary business.

Cho Hyun-ah failed to oust her brother, Cho Won-tae, from the chairmanship of Korean Air, part of their family's Hanjin-KAL chaebol, or conglomerate.

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