Lee Jae-myung reforms face resistance from companies, labor and farmers

  • Companies, LH workers and rural groups are resisting Lee Jae-myung administration reforms.
  • The government is auditing 1.36 million hectares of farmland acquired since 1996.
  • About 8,000 LH union members entered dispute procedures and threatened a general strike.

Economic and public-sector reforms accelerated by the Lee Jae-myung administration in its second year are facing broader resistance as the government’s approval rating declines. Companies are increasingly seeking court intervention while Fair Trade Commission investigations are still underway, rather than waiting to challenge final rulings. Coupang filed suit after refusing an FTC inspection into allegations that it passed discount-coupon costs to suppliers, while Hanwha secured a temporary suspension of an order to submit materials in a probe into affiliate brand royalties. The FTC says its actions were lawful and that interim suspensions do not determine the merits of the investigations. Rural groups are opposing a nationwide audit of 1.36 million hectares of farmland acquired since 1996 and a review of possible membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The government and ruling party plan supplementary measures for farmers acting in good faith, while 76 agriculture, forestry, livestock and fisheries organizations are preparing a joint response. At Korea Land & Housing Corporation, about 8,000 union members have entered labor-dispute procedures and threatened a general strike if the agency is split into land-development and housing-welfare arms. The union says LH’s 174 trillion won ($125 billion) debt is largely policy-driven, reflecting public rental-housing supply rather than mismanagement.

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