Chairman Oh Se-hee: "Big Tech Platform Tyranny Persists... Solving Structural Barriers for Small Business Owners"

1st Anniversary Press Conference on the 5th
Introduction of Current Issues and Plans for Small Business Policies

Oh Sehee, President of the Korea Federation of Small and Medium Business

[Asia Economy Reporter Kim Bo-kyung] Oh Se-hee, president of the Korea Federation of Micro Enterprises (photo), stated on the 5th, "We will focus on devising measures to strengthen the competitiveness of small business owners and resolving structural obstacles related to their survival."

President Oh made these remarks during a press conference marking his first anniversary in office, held at the Forest Vision Center in Yeouido, Seoul, where he discussed his plans for the remainder of his term.

He also said, "There are many obstacles threatening the survival of small business owners, such as the unfair dominance of big tech platforms and government policies that do not recognize the distinctions between industries."

He expressed his determination, saying, "As the head of a legally recognized economic organization representing small business owners, I will take greater responsibility and strive to bring their voices into the public discourse."

During the conference, the progress over the past year focused on the COVID-19 crisis, the current realities and policy issues facing small business owners, and future plans were introduced.

President Oh said, "The most rewarding achievement was that industries excluded from the compensation law for losses due to social distancing caused by COVID-19?such as lodging and beauty salons?were included under the loss compensation law starting from the fourth quarter of last year through amendments to the enforcement decree."

However, he added, "It is regrettable that we have not yet succeeded in securing retroactive application of loss compensation for those who faithfully complied with government quarantine measures from the first gathering ban order in April 2020 until July of last year."

This content was produced with the assistance of AI translation services.