EA Sold for $55 Billion and the EU Says That’s Totally Fine

Well folks, it happened. The European Commission looked at a $55 billion leveraged buyout that will hand Electronic Arts over to Saudi Arabia's Public Investment Fund, Silver Lake, and Jared Kushner's Affinity Partners and basically shrugged. Their official assessment? "Limited impact on competition." That's right — the biggest gaming acquisition since Microsoft gobbled up Activision Blizzard passed the EU merger test like it was checking the weather. For those who've been living under a rock —