 On September 4, Kwon Soon-Jong, the chairman of Naver Affairs Committee stated, "We plan to announce 'Naver Charter' to declare that Naver is a public enterprise, a public good, and a coexisting company." |
On September 4, Kwon Soon-Jong, the chairman of Naver Affairs Committee stated, "We plan to announce 'Naver Charter' next week to declare that Naver is a public enterprise, a public good, and a coexisting company."
Chairman Kwon, a spokesperson of 7.5 million small business owners who suffered losses from Naver's monopolistic conducts, made an announcement at the conference, hosted by Democratic United Party's lawmaker Lee Chan-Yeol to receive policy proposals and site problems from small business owners, at the National Assembly Memorial Hall.
Chairman Kwon said, "We plan to hold a formal event to declare 'Naver charter'." In the conference, Kwon urged to Kwon Chul-Hyun, a director of the Fair Trade Commission, saying, "The Fair Trade Commission must specify Naver as the dominant market operator."
Chairman Kwon pointed out, "First of all, Naver is a public enterprise. Naver's largest shareholder is National Pension Service with 9.25 percent while Naver's owner Lee Hae-Jin owns only 4.64 percent. The National Pension Service is listening to experts who advises that it should strengthen the dominance by investing more shares. Naver is used by millions of Korean people and it should not forget the shares of the national pension."
"Second, Naver is a public good. Since people's money is invested, there must be rules and guidelines for it. When the situation gets unfavorable to Naver, it has been emphasizing its public nature to the public by claiming that it stopped Google from dominating the local internet market," he said.
Kwon said, "Third, Naver must declare itself as a coexisting company. As a platform provider, it must conduct the long-term coexisting practice with content providers."
 On September 4, Lee Chan-Yeol, lawmaker of Democratic United Party, hosted the conference to receive policy proposals and site problems from small business owners, held at the National Assembly Memorial Hall. |