By Kanishka Singh WASHINGTON (Reuters) -Two directors of Epic Games who had been appointed by Chinese gaming and social media ...
Two Epic Games board directors have resigned from their positions amid an antitrust inquiry by the Justice Department. The ...
The US Department of Justice says it expressed concerns directors’ positions on two company boards violated Clayton Act.
Tencent owns a minority interest in Epic and is the parent company to its rival, Riot Games. Epic Games said that the two board members who resigned were Ben Feder and David Wallerstein.
Tencent Holdings Ltd. removed two directors it appointed to the board of Epic Games Inc. after the US Justice Department deemed the positions a violation of antitrust laws. China’s most valuable ...
The board members had been appointed to the privately held company’s board by minority investor Tencent, which is the China-based owner of Epic competitor Riot Games. Epic Games, which also ...