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Chaebols are familyowned conglomerates in South Korea that have long been at the centre of public interest. Their outsized influence skyrocketed as the country rapidly emerged from postwar poverty to become a major developed economy. But chaebols have also been a source of public anger, as they earned a reputation for corruption and engaged in unfair business practices often blamed for growing inequality. Amid one of the country’s biggest scandals, huge protests in 2016 demanded the breakup of chaebols accused of bribing thenpresident Park Geunhye. But years later, how much progress has South Korea made towards reining in the powerful chaebols?

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