InterviewKorea's 'chaebol sniper' says family bosses should yield to pros
Antitrust watchdog finds corporate heirs lacking the drive of founders
Fair Trade Commission Chairman Kim Sang-jo speaks to the Nikkei Asian Review in Sejong, South Korea. (Photo by Sotaro Suzuki)
KIM JAEWON and SOTARO SUZUKI, Nikkei staff writers
January 17, 2019 06:31 JST
SEJONG, South Korea -- South Korea's antitrust chief has accused the country's powerful family-run conglomerates, or chaebol, of preferring to preserve their power over the economy rather than bring in professional management and drive their businesses forward through innovation.