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Definition: Direct majority ownership

Direct majority ownership is defined as owning directly more than 50% of the voting shares of an incorporated enterprise. However, for FATS, this was not considered to be the sole criterion and to allow some flexibility to Member States, reference to the power to name could be used when it was deemed more suitable, for example, when a majority ownership was legally impossible.
Eurostat, "International ownership in trade and service activities - First findings of a study on foreign affiliates", Office for Official Publications of the European Communities, Luxembourg, 1998