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Japan says it’s not pressuring Naver to sell Line, but Korean insiders say otherwise
The Korean government itself has avoided wading into the conflict
Industry insiders and experts within Korea seem to agree that it’s inappropriate for a Japanese government agency to demand that a Korean company sell its shares in a joint venture. In a phone interview with Yonhap News, Tomohiro Nakamura, the director of the Internal Affairs Ministry’s consumer policy division, claimed that the administrative order “was merely a request for a review of the parties tasked with security governance.” In response to public outcry over Japanese hostility and Tokyo’s interference in the affairs of a domestic corporation, the administration has remained passive.
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