Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Culture, Media and Sport, what discussions she has had with the Secretary of State for Business and Trade and the Cabinet Office on the proposed acquisition of Electronic Arts by Saudi Arabia’s Public Investment Fund, Silver Lake and Affinity Partners; and what assessment the Government has made of the potential impact of that acquisition on the UK video games sector, player data, creative workers and the integrity of the games industry.
As set out in the Creative Industries Sector Plan, the Government is committed to supporting the growth of the UK video games sector. In April this year we launched the £30 million Games Growth Package, doubling funding to invest in UK games businesses and develop future talent.
Under competition law, responsibility for investigating the impact of mergers and acquisitions on competition falls to the Competition and Markets Authority (CMA), the UK’s independent competition authority sponsored by the Department for Business and Trade. The Government has ensured that the CMA has significant powers and expertise to investigate the benefits and risks of mergers in relation to competition, including those that may impact the video games sector.