The European Commission has granted antitrust approval for the $55 billion acquisition of video game developer Electronic Arts by a consortium led by Saudi Arabia's Public Investment Fund (PIF).
The decision clears the path for the deal to close, marking a significant milestone in one of the largest mergers in the gaming industry's history.
The approval comes under EU merger rules, signaling that regulators did not identify sufficient competition concerns to block the transaction or demand structural remedies.
This regulatory green light is the last major hurdle for the deal, which has been under scrutiny for its potential to consolidate market power in the interactive entertainment sector.
The acquisition represents a major strategic expansion for PIF, which has been aggressively diversifying its portfolio beyond energy into technology and entertainment.
The fund's ability to close such a large transaction underscores its growing influence in global M&A markets and its commitment to building a non-oil economic base for Saudi Arabia.