On August 23, the 3rd meeting of Venture Coexistence Committee was held at the office of DASAN Networks in Seongnam, Kyunggi-do. / Source from Korea Venture Business Association

'Dinosaur portal' Naver, which stands accused of copying online services, had a meeting with smaller venture technology companies.

In the meeting, issues such as termination of services was not determined, but whether Naver will exit other app services through discussions is drawing attention. Recently, Naver decided to withdraw from the real estate information business after monopoly controversy.

On August 23, the 3rd meeting of Venture Coexistence Committee was held at the office of DASAN Networks in Seongnam, Kyunggi-do. In the meeting, representatives from Naver, venture companies, and the Committee discussed what type of coexistence measures might be necessary.

Naver had been criticized for stealing business ideas from venture companies and start-ups and pushing out competition by using its power.

Representatives from venture companies including Wizard Works, StyleShare, MenuPan dotcom, Instylefit, Enbsoft, and Joara attended the meeting. These companies have suffered from Naver's monopoly.

Nam Min-Woo, chairman of Venture Coexistence Committee, said, "As a platform provider, Naver should think hard about its role for start-ups and we hope Naver do the best to compete with global companies."

Naver CEO Kim Sang-Hun and executives in the field of Naver search, personalized service, and shopping attended the meeting.

The Committee revealed that it plans to hold the next meeting in the near future to discuss further.

On the other hand, Naver decided to withdraw from real estate business after discussing with smaller real estate information providers in the 2nd meeting of Venture Coexistence Committee held back on August 7.