<Anchor> The



government and the ruling party are promoting the so-called'Three Fair Economy Act' to revise the Commercial Act and Fair Trade Act.

Here, Kim Jong-in, Chairman of the People's Strength Emergency Response Committee, expressed his affirmative position, and as the probability of passing increased, the business community began to revolt greatly.



Reporter No.



<Reporter> The



business community argues that the so-called'Three Fair Economy Act' is excessively regulated and that the times when companies are difficult due to Corona 19 are also inappropriate.



Chairman of the Korean Chamber of Commerce and Industry Park Yong-man voluntarily invited an emergency press conference to criticize the unilateral promotion of the National Assembly.



[Park Yong-man/Chairman of the Korea Chamber of Commerce and Industry: I am worried about whether the National Assembly closes its eyes and ears to the economy and is engrossed in'self-politics'.

It is a corporate-related bill, but I can't help but think that corporate opinions are ignored.] The reason why the



business community is urgent is because Kim Jong-in, chairman of the People's Forces Enlargement Committee, is on the verge of showing his consent to the'Three Fair Economy Act'.



The biggest objection is the commercial law amendment.



When a company elects an audit committee member who is also a member of the board of directors, it is currently elected from among the elected directors, but the amendment must be elected separately from other directors.



At this time, the voting rights of the largest shareholder were also bound to exercise up to 3%.



The purpose of the government is that only directors who fit the taste of the owner can be seated on the audit committee to improve the opaque business operation.



However, companies are arguing that it is an essential infringement of the principle of'voting rights per share' and property rights, and that hostile forces such as speculative capital can appoint audit committee members and unfairly pressure them.



Even the parent company shareholders raise the possibility of side effects such as abuse of litigation and excessive management intervention in the multiple representative litigation system in which even a parent company can sue against a subsidiary.



The business community is also concerned that the change in the equity regulation and the abolition of the FTC's exclusive billing rights, which will increase the number of companies subject to regulation, will lead to a contraction with the government if it passes through the National Assembly as it is.



(Video editing: Kim Jong-woo, CG: Choi Jin-hoe, Ryu Sang-soo, Kim Gyu-yeon)