NasdaqGS:EAEntertainment
Regulatory Scrutiny Tests Electronic Arts Valuation And Ownership Outlook
Electronic Arts (NasdaqGS:EA) is facing heightened regulatory and political scrutiny over a proposed acquisition by Saudi Arabia's Public Investment Fund.
More than forty U.S. lawmakers have urged the Federal Trade Commission to closely review potential effects on American jobs and competition in the video game industry.
Labor groups are also engaged, raising concerns about cost cutting, layoffs and the broader impact on the sector's labor market.
Electronic Arts, trading at a recent share...