(1) CONTROLLED BY A FOREIGN ADVERSARY.—
8 The term ‘‘controlled by a foreign adversary’’ means,
9 with respect to a covered company or other entity,
10 that such company or other entity is—
11 (A) a foreign person that is domiciled in,
12 is headquartered in, has its principal place of
13 business in, or is organized under the laws of
14 a foreign adversary country;
15 (B) an entity with respect to which a for
16 eign person or combination of foreign persons
17 described in subparagraph (A) directly or indi18 rectly own at least a 20 percent stake; or
19 (C) a person subject to the direction or
20 control of a foreign person or entity described
21 in subparagraph (A) or (B).
I do not see how the hypothetical scenarios you posed could ever manifest under a reasonable interpretation of this law. If that happens, the government went full tyrant and we have much bigger problems
Twenty Chinese companies each take a 1% stake in your startup. Your company is now "controlled by a foreign adversary".
The US Federal government went full tyrant over 100 years ago and has never looked back since.
This has been a "much larger problem" for my entire life. The US federal government is the world's pre-eminent #1 purveyor of global terrorism, if you measure global terrorism as the threat of the use of force to compel other entities to take positions and actions that they would not take of their own free will.
(1) CONTROLLED BY A FOREIGN ADVERSARY.— 8 The term ‘‘controlled by a foreign adversary’’ means, 9 with respect to a covered company or other entity, 10 that such company or other entity is— 11 (A) a foreign person that is domiciled in, 12 is headquartered in, has its principal place of 13 business in, or is organized under the laws of 14 a foreign adversary country; 15 (B) an entity with respect to which a for 16 eign person or combination of foreign persons 17 described in subparagraph (A) directly or indi18 rectly own at least a 20 percent stake; or 19 (C) a person subject to the direction or 20 control of a foreign person or entity described 21 in subparagraph (A) or (B).
I do not see how the hypothetical scenarios you posed could ever manifest under a reasonable interpretation of this law. If that happens, the government went full tyrant and we have much bigger problems