Saturday, March 29, 2008

[The Chosun Ilbo, March 3 2008] Naver Accused of Unfair Trade Practices

The Fair Trade Commission alleges unfair business practices at NHN, the operator of the nation's largest portal site Naver, which has a 70 percent share in the domestic Internet portal market, it emerged Sunday. The antitrust watchdog accuses NHN of abusing its market dominance to force content providers to accept unfair business deals.

The FTC has been investigating Korea’s six major portals -- NHN, Daum Communication, SK Communications, Yahoo Korea, Empas and KTH -- over alleged irregularities, including abuse of their dominant positions, price rigging, illegal subcontracting and unfair deals.

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