Epic Games: Tencent-appointed board members resign amid antitrust concerns
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Two Tencent-appointed board members have resigned from Epic Games' board due to antitrust concerns raised by the US Department of Justice. The DOJ highlighted a violation of the Clayton Act, which prohibits interlocking directorates between competing companies.
December 19, 2024 | 8:00 am
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Tencent's appointed board members have resigned from Epic Games' board due to DOJ antitrust concerns, potentially affecting Tencent's influence and strategic decisions in the gaming industry.
The resignation of Tencent-appointed board members from Epic Games due to DOJ antitrust concerns could reduce Tencent's influence in Epic Games, potentially affecting its strategic decisions and partnerships in the gaming industry. This may lead to short-term negative sentiment around Tencent's stock.
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