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
  • Console_Modder@sh.itjust.worksEnglish
    0·
    5 days ago

    I’ve read this multiple times, and I am just not getting anything from it. What’s happening here, and do I have more reason to dislike Epic?

    • wirelesswire@lemmy.zipEnglish
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      5 days ago

      This is more of a “scummy business” article than an “Epic bad” article. The directors in question were sitting on the boards of both Epic Games and Tencent. This was seen as an issue because while Tencent holds a minority share of Epic, they also completely own competitors, such as Riot.

    • justOnePersistentKbinPlease@fedia.io
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      5 days ago

      You can dislike them and Tencent because they had to be investigated, were caught breaking the law, but suffer no penalties at all for breaking the law.

      It would be the same as a guy with back pain killing an insurance CEO, admitting it when caught, give the police the murder weapon, then being allowed to go on their way.

      • mnemonicmonkeys@sh.itjust.worksEnglish
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        5 days ago

        It would be the same as a guy with back pain killing an insurance CEO,

        It’s not the same, because that guy was good for doing that while Tim Sweeney is a pos