Lee calls for end to practices exploiting SMEs

President Lee Jae Myung on Friday called for dismantling the “exploitative structure” in which large corporations squeeze small and medium-sized enterprises, underscoring that South Korea’s next growth phase depends on revitalizing SMEs. “There is a somewhat unique element in South Korea — what is known as an exploitative structure. For example, small and medium-sized enterprises often fall victim to practices such as the misappropriation of technology and business achievements,” Lee said during

By The Korea Herald