A few weeks ago, Epic filed a complaint with the Northern California US District Court against Google. The complaint alleges that a Google Executive attempted to settle the Epic dispute by acquiring a portion of Tencent, which owns 40% of Epic.
Document excerpt, courtesy of GI.biz:
Google recognized that Epic might not accept its offer. As a potential alternative', a senior Google executive proposed that Google 'consider approaching Tencent', a company that owns a minority stake in Epic, 'to either (a) buy Epic shares from Tencent to get more control over Epic', or '( B) join up with Tencent to buy 100% of Epic'.
This follows a long-going battle between Google and Epic over what is allowed on the Google Play storefront. Its a long, complicated process, but it basically boils down to Epic wanting to avoid Googles (and Apples) 30% cut on transactions on their platform. The battle extended into Apples iOS platform as well.
The legal world is a complicated one. And while we arent experts, we can see how buying out your boss might be considered a bad practice when looking to settle legal disputes.
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