The president of the Communications Workers of America recently sent letters to the Federal Trade Commission and the Committee on Foreign Investment in the United States, calling for a comprehensive review of the recently announced acquisition of Electronic Arts.

At the end of last month, Electronic Arts confirmed that it had reached an acquisition agreement with an investment consortium consisting of the Public Investment Fund of Saudi Arabia, Silver Lake Capital and Affinity Partners.Under the agreement, the investment consortium will fully acquire the game developer, with the Saudi Public Investment Fund consolidating its existing holdings.If the transaction is completed before the first quarter of fiscal year 2027, it will become "the largest all-cash private equity M&A transaction in history."

The Public Investment Fund is headed by Saudi Crown Prince Mohammed bin Salman, while Affinity Partners was founded by former U.S. President Trump’s son-in-law Jared Kushner.

Association President Claude Cummings called the acquisition an "unprecedented transaction that affects workers and consumers," and asked federal regulators to take "all necessary steps to prevent foreign capital and private equity interests from destabilizing the U.S. video game industry."

Cummings pointed out that there are multiple risks in this transaction: labor market competition issues that may arise as the integration of the game industry intensifies; national security risks caused by "foreign capital's control of massive personal data and communication content of U.S. game consumers"; EA's core technologies, including AI technology, are controlled by foreign capital; and competition risks arising from cross-shareholdings of EA's competitors, suppliers and licensors.

"This transaction has nothing to do with innovation and growth in the U.S. economy. Instead, it hands control to a handful of powerful investors, putting thousands of jobs and sensitive consumer data at risk." Cummings emphasized in the statement, "I urge the two chairs to strictly review this transaction to ensure that the future interests of American workers, consumers, and the video game industry are protected."

Recently, EA announced its second quarter financial report. Although the sports game series revenue increased, the company's overall sales and revenue still declined.