Launch of the 4th Internet Win-Win Development Council... Professor Choi Jeong-il Appointed as Chairman

[Asia Economy Reporter Seulgina Jo] The Korea Communications Commission announced on the 30th the launch of the "4th Internet Win-Win Development Council" to discuss strategies for the win-win development of the internet ecosystem and measures to create a user protection environment.

This move comes as the development of new information and communication technologies such as 5G and artificial intelligence (AI), along with the acceleration of digital transformation due to COVID-19, have increased the need to respond to changes in the internet ecosystem environment and to discover policies that promote win-win cooperation.

The 4th Council consists of a total of 33 members: 14 ICT, management, economics, and legal experts; 3 consumer and civic group representatives; 9 domestic and international internet companies and telecommunications operators; 4 related organizations; 1 research institute; and 2 government ministries. The chairperson appointed is Professor Choi Jeong-il from the Department of Business Administration at Soongsil University.

The council plans to discuss policy agendas such as the "Internet Ecosystem Win-Win Development Strategy" and "Regulatory Measures for Creating a User Protection Environment" in response to the acceleration of digital transformation. In particular, as the internet ecosystem diversifies business models and transaction types centered on online platforms, the council will discuss the definition and types of online platforms. It will also address key policy issues by ecosystem layer, including fair competition among online platforms, strengthening the digital service user protection system, and creating a rational network usage environment.

The council will operate until the end of this year and will submit a report to the Korea Communications Commission based on the discussion results.

At the first meeting held via video conference on the same day, Professor Park Min-su of Sungkyunkwan University presented on "Internet Economic Trends and Key Issues Due to the Acceleration of Digital Transformation," and Professor Kwak Jeong-ho of Hoseo University presented on "Environmental Changes and Policy Issues of Internet Ecosystem Layers such as Platforms, Applications, and Infrastructure in a Digital Transformation Society."

Han Sang-hyuk, Chairman of the Korea Communications Commission, stated, "Considering the environmental changes as the internet ecosystem expands due to the acceleration of digital transformation, we will prepare effective policies for the win-win development of the internet ecosystem and user protection based on the discussions of the 4th Council."

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