Hansung-sook, Naver CEO, Expected to Attend National Assembly Political Affairs Committee on the 22nd

Hansung-sook, CEO of Naver

[Asia Economy Reporter Buaeri] Han Seong-suk, CEO of Naver, has been selected as a witness for the National Assembly's Political Affairs Committee's audit. CEO Han is expected to appear at the National Assembly on the 22nd.

According to the National Assembly on the 14th, the Political Affairs Committee agreed the previous afternoon to summon seven witnesses, including CEO Han, and one reference person for the comprehensive audit.

At the comprehensive audit scheduled for the 22nd, the Political Affairs Committee plans to question CEO Han regarding allegations of manipulation of Naver Shopping's algorithm.

Earlier, on the 6th, the Fair Trade Commission imposed a fine of 26.7 billion KRW on Naver for allegedly artificially altering the search algorithm while operating shopping and video search services to exclude competitors.

Naver stated, "The revision of the Naver Shopping and video search logic pointed out by the Fair Trade Commission is merely the result of efforts to provide optimal search results tailored to users' diverse search needs and has nothing to do with excluding other companies," adding, "Naver plans to challenge the unfairness of the Fair Trade Commission's decision in court."

In addition, the Political Affairs Committee selected Lim Jae-hyun, former Managing Director of Google Korea, as a witness regarding Google's forced in-app payments and the 30% commission fee.

This content was produced with the assistance of AI translation services.