{"id":13771,"date":"2026-05-12T09:25:59","date_gmt":"2026-05-12T09:25:59","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/13771\/"},"modified":"2026-05-12T09:25:59","modified_gmt":"2026-05-12T09:25:59","slug":"naver-fined-144000-for-boxing-kakao-out-of-real-estate-market","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/13771\/","title":{"rendered":"Naver fined $144,000 for boxing Kakao out of real estate market"},"content":{"rendered":"<p>                                Published: 18 Sep. 2025, 17:36\n                            <\/p>\n<p>  <img decoding=\"async\" alt=\"Naver's headquarters in Seongnam, Gyeonggi, is pictured on Feb. 7. [YONHAP] \" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/912adab0-b848-41e4-b6bc-96b7a3aabf64.jpg\" data-reuse=\"allowed\"\/> <\/p>\n<p class=\"caption\">Naver&#8217;s headquarters in Seongnam, Gyeonggi, is pictured on Feb. 7. [YONHAP] <\/p>\n<p> \u00a0<br \/>\n<br \/> A Seoul court fined Naver 200 million won ($144,000) on Thursday for violating fair trade laws by preventing rival Kakao from entering the real estate listings market.<br \/>\n<br \/> \u00a0<br \/>\n<br \/> The presiding judge at the Seoul Central District Court said the court recognized Naver&#8217;s violation of the Fair Trade Act.<br \/>\n<br \/> \u00a0<br \/>\n<br \/> <br \/>\n &#8220;Naver strengthened its dominant market position by requiring partner real estate companies to block cooperation with potential competitors,&#8221; the judge said. &#8220;This significantly restricted business opportunities for real estate information providers and had major social consequences.&#8221;<br \/>\n<br \/> \u00a0<br \/>\n<br \/> In February 2015, after Kakao approached Naver&#8217;s real estate partners to pitch a similar business model, Naver added a clause to its renewal contracts requiring partners &#8220;not to provide real estate listings shared with Naver to any third parties.&#8221; Critics said the move shut Kakao out of the market.<br \/>\n<br \/> \u00a0<br \/>\n<br \/> The Fair Trade Commission (FTC) concluded in December 2020 that Naver\u2019s actions violated the Fair Trade Act and ordered corrective measures along with a 1.03 billion won fine. The Ministry of SMEs and Startups later exercised its right to request a criminal complaint in November 2021, and prosecutors indicted Naver in September 2022.<br \/>\n<br \/> \u00a0<br \/>\n<br \/> Naver has separately filed an administrative lawsuit seeking to overturn the FTC fine. The case is ongoing at the Seoul High Court. <\/p>\n<p>This article was originally written in Korean and translated by a bilingual reporter with the help of generative AI tools. It was then edited by a native English-speaking editor. All AI-assisted translations are reviewed and refined by our newsroom.<br \/>\n<br \/>BY JEONG JAE-HONG [<a href=\"https:\/\/koreajoongangdaily.joins.com\/cdn-cgi\/l\/email-protection\" class=\"__cf_email__\" data-cfemail=\"ed868480c3879894888283dfad878282838a8c838ac38e82c3869f\" rel=\"nofollow noopener\" target=\"_blank\">[email\u00a0protected]<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"Published: 18 Sep. 2025, 17:36 Naver&#8217;s headquarters in Seongnam, Gyeonggi, is pictured on Feb. 7. [YONHAP] \u00a0 A&hellip;\n","protected":false},"author":2,"featured_media":13772,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[623],"tags":[657],"class_list":{"0":"post-13771","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-naver","8":"tag-naver"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/13771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=13771"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/13771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/13772"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=13771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=13771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=13771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}