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#2 (permalink) |
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Junior Member
Join Date: Nov 2008
Posts: 1
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A corporation may be referred to as an affiliate of another when it is related to it but not strictly controlled by it, as with a subsidiary relationship, or when it is desired to avoid the appearance of control. This is sometimes seen with companies that need to avoid restrictive laws (or negative public opinion) on foreign ownership.
For the concept as exercised in the North American broadcasting industry see network affiliate. in general affiliates means tieup with someother, authorities means controllers or the owners. |
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