European Commission Green-Lights PIF's Acquisition of Electronic Arts

07:31 AM EDT, 07/23/2026 (MT Newswires) -- The European Commission cleared the acquisition of US-based Electronic Arts by Saudi Arabian sovereign wealth fund Public Investment Fund. The transaction mainly refers to the production and distribution of video games as well as the organisation of electronic sports events, according to a Thursday release. The commission concluded that the acquisition would not raise competition issues due to its limited impact in the markets where the companies are active.