SEOUL -- South Korean antitrust authorities on Tuesday designated the heirs of Samsung and Lotte as the leaders of the corporate empires, recognizing that they have taken the helm from their aging fathers.
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Samsung and Lotte heirs named group heads by antitrust body
Lee Jae-yong and Shin Dong-bin had taken over for their fathers
Lee Jae-yong, left, and Lee Kun-hee in August 2009. With his father hospitalized since 2014, the younger Lee effectively runs South Korea's largest conglomerate. © Reuters
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