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>They killed large megalocorps so that competition survived. That's so, so wrong. Be sure to tell Hyundai, Samsung, and LG that their government killed them.
by TMWNN 3y ago
>They killed large megalocorps so that competition survived.
That's so, so wrong.
Be sure to tell Hyundai, Samsung, and LG that their government killed them.
- nine_zeros 3y ago> Be sure to tell Hyundai, Samsung, and LG that their government killed them. Chaebols are certainly a Korean quirk. Not seen as much in other Asian countries. But even in Korea, the chaebols are dependent on small Korean suppliers to these large companies. It is competition among these small suppliers that has made the economy dynamic and innovative.