'Nut rage' prompts law against chaebol

Resentment has mounted so much in South Korea against what has come to be known as gabjil, highhandedness by the rich and powerful, that parliamentarians are proposing legislation to punish some of the worst abuses.

A bill to be presented in the national assembly this month is formally called the "Conglomerates Ethical Management Special Law" but has been nicknamed the Cho Hyun-ah law.

Cho, also known as Heather Cho, is the daughter of the chairman of Korean Airlines and was sentenced last week to a year in prison for an outburst on a Korean Air plane while on the ground in New York. It was considered a severe sentence by some legal experts.