World Bank President David Malpass has questioned Microsoft’s multi-billion dollar takeover of video game developer Activision Blizzard, saying one has to wonder if it is “the best allocation of capital.”
The American technology giant announced earlier this week that it was to pay nearly $69 billion for the game studio behind ‘Call of Duty’, the world’s best-selling first-person shooter video game franchise.
Speaking at a virtual economics event on Wednesday, Malpass said the scale of the acquisition deal “struck” him and he drew a contrast with the amount of money that wealthier nations donate to the International Development Association, the World Bank’s fund for the globe’s poorest countries.