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No, they are both competitive chaebols (a Korean form of conglomerate).
by deaddodo 2y ago
No, they are both competitive chaebols (a Korean form of conglomerate).
- moritzwarhier 2y agoYes with "similar" I did not mean that they were part of one entity. I was just thinking about them being large and strongly present in many different business sectors. So a conglomerate I guess. Thanks
- deaddodo 2y agoYeah, I misread it. My apologies.
- bigmattystyles 2y agoInteresting, I'd never heard the word `chaebols` and instantly was reminded of the word `cabal`. Turns out, completely different etymologies.