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Naver rejects South Korean prosecutors' market definition in criminal real-estate information case

By Jenny Lee ( May 15, 2023, 05:12 GMT | Insight) -- Naver today rejected the basis of charges that South Korea’s prosecutors had used to initiate criminal action against the search giant over allegations it had abused its dominance in the real-estate information market. At the third hearing in the criminal case, the company’s lawyers told a Seoul Central District Court judge that it disagreed with the prosecutor’s definition of the relevant market, in which Naver was alleged to hold a dominant position.Naver today rejected the basis of charges that South Korea’s prosecutors had used to initiate criminal action against the search giant over allegations it had abused its dominance in the real-estate information market....

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