[한화 KAI 인수]독점적 2대주주 지위, 종착지는 '수은 보유 지분'

Hanwha's strategy reveals regulatory arbitrage in Korea's aerospace sector: by keeping stakes just below the 15% antitrust reporting threshold, the company gains management influence while avoiding stringent regulatory review. This consolidation across defense, shipbuilding, and aerospace raises competitive barriers for rivals and reflects Korea's willingness to prioritize industrial consolidation as a response to global space competition led by players like SpaceX.