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Tencent-Backed Directors Resign from Epic Games Amid U.S. Antitrust Concerns


Photo by FMT
Photo by FMT

Summary


  • Two directors appointed by Tencent to Epic Games' board have resigned after the U.S. Justice Department raised antitrust concerns.

  • The resignation is related to Tencent's influence on both Epic Games and its gaming rival, Riot Games.

  • Tencent has also agreed to relinquish its unilateral right to appoint directors to Epic Games' board in the future.


 

Two directors appointed by Tencent to the board of Epic Games, the developer of the popular Fortnite franchise, have resigned following pressure from the U.S. Justice Department. The resignation comes after the department expressed concerns that the dual roles of the directors on both Tencent’s and Epic’s boards violated U.S. antitrust laws, particularly the Clayton Act, which prohibits overlapping memberships in competing companies.

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