SEOUL -- South Korea's antitrust authorities have accused the founder Naver of failing to disclose the ownership of 20 related companies in their latest attempt to tighten control over the country's biggest internet company.
South Korea's Fair Trade Commission said it filed a complaint with prosecutors against Lee Hae-jin, who now serves as Naver's global investment officer, alleging he violated a regulation requiring conglomerate leaders to disclose ownership of related companies by affiliates, relatives, executives and shareholders, among others.
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