Rebuilding Korea Party candidate Cho Kuk, who ran in the National Assembly by-election for the Pyeongtaek B constituency, concedes defeat at his campaign office in Pyeongtaek, Gyeonggi, on June 4. [JOINT PRESS CORPS]
The June 3 local elections turned into a two-party affair for the liberal Democratic Party (DP) and the conservative People Power Party (PPP), leaving the country's smaller parties with almost nothing to show.
The minor liberal Rebuilding Korea Party (RKP) and conservative Reform Party watched their candidates lose one after another, showing that third parties still cannot break Korea's two-party mold.
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RKP leader Cho Kuk finished third in the National Assembly by-election for Pyeongtaek-B constituency in Gyeonggi, taking 27.24 percent of the vote as counting wrapped up on Thursday. Yu Eui-dong of the PPP won the seat with 34.83 percent, securing his fourth term. Cho even trailed the DP's Kim Yong-nam, who had 28.77 percent of the votes.
