Tencent Removes Two Directors from Epic Games and Relinquishes Its Right to Unilaterally Appoint Directors or Observers in Response to Justice Department Scrutiny

www.justice.gov

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Tencent Removes Two Directors from Epic Games and Relinquishes Its Right to Unilaterally Appoint Directors or Observers in Response to Justice Department Scrutiny

www.justice.gov

Lemmit.Online bot@lemmit.onlineMB to

Quality Gaming Content and Discussion -- /r/Games@lemmit.onlineEnglish · 4 days ago

cross-posted to:
[email protected]

The Justice Department announced today that two directors of Epic Games Inc. (Epic), who had been appointed by Tencent Holdings Ltd. (Tencent), resigned from the Epic board after the Antitrust Division expressed concerns that their positions on both the Epic and Tencent boards violated Section 8 of the Clayton Act. Tencent owns a minority interest in Epic. The interlock was

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The original was posted on /r/games by /u/Moskeeto93 on 2024-12-18 22:09:26+00:00.

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