In recent years, Korean society has become increasingly dissatisfied with the phenomena of economic polarization, collusion between officials and businessmen, and unfair market, and there have been more and more doubts about several chaebol family businesses that account for a considerable proportion of the Korean economy.

During the election campaign, President Moon Jae in promised to break the privileges of the chaebol. Shortly after taking office, he appointed the famous "chaebol sniper" Jin Xiangjiu as the chairman of the Fair Trade Commission. The public will wait and see the final result of this action to rectify the chaebol.

As early as June 5438, when the presidential election started, "rectifying the chaebol" became one of the key topics that Korean voters paid attention to. In order to comply with the people's voice, the main popular presidential candidates vowed to reform the operation mode of the major chaebol even before officially announcing their candidacy for the presidency.

For example, former UN Secretary-General Ban Ki-moon 10/2 returned to Seoul and was interpreted by the outside world as preparing to run for the presidency of South Korea. Before the plane landed, he told the accompanying Korean reporter: "I think it is imperative to reform (chaebol). The chaebol controls everything, making it impossible for small and medium-sized enterprises to survive. The influence of the chaebol is too great, causing conflicts between classes. "

In Ban Ki-moon's view, the chaebol economy has aggravated social injustice. For example, "even if subcontractors (and chaebol enterprises) complete the same work, they can only get 60% of the benefits. This has caused a series of problems. "

At that time, Moon Jae in, who was ahead in the polls and was finally elected president, issued a statement earlier, revealing his intention to rectify the chaebol enterprises and break the privileges of the chaebol. On June 5438+ 10/0, it promised to implement a series of chaebol reform measures, focusing on the top ten chaebols. Among them, the four most striking chaebol companies are Samsung, Hyundai, SK Group and LG Group.

Moon Jae in's ideas at that time contained many "bold ideas". For example, the directors of chaebol enterprises should be elected by ordinary employees. At that time, Li Zaiming, the "dark horse" of the presidential election and the mayor of Chengnan City, put forward a more radical proposition, saying that "the chaebol enterprises must be separated from the chaebol family", and he even shouted the slogan of "dissolving the chaebol".

The orthodox presidential candidate Liu Chenglian is an economist. In his view, South Korea's economy is "not a free market economy at all", but a "jungle economy dominated by several chaebol". Therefore, "we need to reform the chaebol as thoroughly as possible under the constitutional framework".

In this social atmosphere, it is not surprising that the first ministerial official nominated by Moon Jae in after he took office in May was the chairman of the Fair Trade Commission. The Fair Trade Commission is a ministerial-level enterprise regulatory body, focusing on unfair market behaviors such as price manipulation.

Jin Xiangjiu, the new chairman of the Fair Trade Commission nominated by Moon Jae in, is 55 years old. He used to be an economics professor at Seoul National University. He is a famous "chaebol reformist" in South Korea and has always advocated the establishment of a transparent and fair market system. The South Korean side said that Kim Sang-jiu was familiar with the inside story of the big consortium and provided a lot of information about Samsung Group during the prosecution's investigation of the case of "cronies intervening in politics".