Foreign Dominance definition
Foreign Dominance means the power to control or to inf luence, either directly or indirectly, by Foreigner in prescribing policy, management, operations, appointment of directors, or appointment of high-level executives, which may affect the management of the business or the operation of telecommunications business of the Applicant for License or the Licensee by means of holding voting shares of at least one-half of all the voting rights, having controlling power over the majority vote of the shareholders meeting, or appointing or removing at least one-half of all directors or more.