Over 40 U.S. House Democrats have called on the FTC to scrutinize the proposed $55 billion acquisition of EA by Saudi sovereign wealth fund PIF and other investors. The Labor Caucus letter expresses concerns that the debt-financed deal, which would give PIF a 93.4% stake, could lead to layoffs, studio closures, wage suppression, and anti-labor practices across the gaming industry. Lawmakers cite EA's position as one of the largest U.S. gaming employers and warn the acquisition could enable market dominance that harms workers. The letter also raises concerns about interlocking directorates and coordinated anti-competitive behavior. Previous scrutiny has come from the Communications Workers of America union and U.S. senators, with additional concerns about PIF's human rights record and potential geopolitical influence over a major entertainment company.
