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flag 46 U.S. lawmakers and union urge FTC to block Saudi-led $55B EA takeover over worker and competition concerns.

flag Forty-six U.S. lawmakers and the United Video Games union have urged the FTC to block the $55 billion Saudi-led acquisition of EA, citing risks of job cuts, offshoring, weakened labor rights, and anti-competitive behavior. flag They argue the deal, which would give Saudi Arabia’s Public Investment Fund a 93.4% stake, could harm workers amid EA’s recent layoffs and declining wages, while raising national security and human rights concerns linked to the fund’s ties to Crown Prince Mohammed bin Salman. flag The FTC must now evaluate whether the merger violates antitrust laws by undermining worker protections and market competition.

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