US Justice Department Investigation Leads To Board Members Leaving Epic Games

Epic Games has had its share of legal victories over the years, including one over Google earlier in 2024. But when it comes to the federal government, the United States Justice Department just came down on Epic Games for violating Section 8 of the Clayton Act, which was put in place to keep members of the board of one company from being able to serve in the same capacity on a competitor's board.

The Justice Department announced that two members of Epic's board who were appointed by Tencent have voluntarily stepped down after the government raised the Clayton Act issue through its Antitrust Division. Tencent is a minority owner of Epic, and also the majority owner of Riot Games, the company behind League of Legends. Epic has since confirmed that the two departing board members are Ben Feder and David Wallerstein. Additionally, Tencent has relinquished its right to appoint any additional members to Epic's board of directors.

"Our relationship with Epic has always centered on making great games and delivering great experiences for players and developers," said a Tencent spokesperson. "We look forward to continuing to work with them on this shared vision."

Continue Reading at GameSpot

Topics

This Week's Epic Games Store Freebie Is One Of The Best Games Of 2022

The Epic Games Store continues to give away a free game each week, and this week is another nice find with a price that can't be beaten. Every Thursday at 8 AM PT / 11 AM ET, Epic offers at least ...
GameSpot - 2h
Epic Games Sues Fortnite Tournament Cheater

Epic Games has announced it is taking legal action against a Fortnite player for cheating during a tournament. The publisher recently filed a lawsuit against against Sebastian Araujo, due to ...
GameSpot - 1d
Investigation of Police ‘Courtesy Cards’ Finds a 2-Tiered System of Justice

Videos released by a New Jersey government watchdog have pierced a veil of secrecy around cards that can be used to avoid traffic tickets.
The New York Times - 1d
McKinsey to Pay $650 Million in Opioid Settlement With Justice Department

A former senior partner will also plead guilty to obstruction of justice after destroying company documents.
The New York Times - 5d
Trump says FBI chief Wray’s resignation will ‘end the weaponization’ of justice department – US politics live

Christopher Wray will step down at the end of Biden’s presidency after Donald Trump said he wants Kash Patel to run the agency. The outgoing Senate minority leader, Mitch McConnell, has spoken ...
The Guardian - Dec. 11
DoJ vs. DEI: Trump’s Justice Department Likely to Target Diversity Programs

Policies at companies and universities will likely face serious challenges under the incoming Republican administration.
Inc. - Dec. 10
Memphis police ‘regularly violate constitution’, says justice department

‘Exhaustive’ investigation finds discrimination against Black people and conduct that ‘violates people’s civil rights’. The US Department of Justice said Memphis police “regularly violate the ...
The Guardian - Dec. 5
Justice Department finds Memphis police used excessive force, discriminated against Black people

The Department of Justice has determined the Memphis Police Department used excessive force and discriminated against Black people after an investigation launched in the wake of Tyre Nichols' ...
CBS News - Dec. 5
Former EU justice commissioner Reynders investigated for money laundering

Belgian political heavyweight suspected of having used lottery gains to launder large amounts of cash
Financial Times - Dec. 4