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Following the recent closure of BioWare by EA, Avi Lewis, a leader of Canada's New Democratic Party, has publicly criticized the influence of private equity on the gaming industry. Lewis argued that such firms prioritize short-term profits, ultimately leading to the destruction of established businesses.
Lewis proposed that the former BioWare developers should be granted the primary opportunity to acquire the studio. He suggested that the Canadian government provide federal support to enable these employees to purchase and manage the company independently, asserting that the staff possesses the necessary expertise to operate the studio effectively.
The closure of BioWare coincides with broader industry instability, as 400 staff members were recently laid off across various studios, including Maxis, Respawn, and Full Circle. Reports indicate that EA was previously involved in a leveraged buyout involving Saudi Arabia's Savvy Games Group and a private equity firm associated with Jared Kushner.
This political intervention reflects a growing trend of lawmakers addressing video game industry practices. Similar discussions regarding consumer rights and labor issues have recently emerged in British parliament and within Mexican legislative bodies, signaling an increasing focus on the sector by younger, digitally aware political figures.
