Business · 3h ago
Getty Abandons $3.7B Shutterstock Merger After UK Regulator Blocks Deal
Getty Images terminated its $3.7 billion merger with Shutterstock after the UK's Competition and Markets Authority imposed restrictions that would exclude part of Shutterstock's business. The US Department of Justice had granted unconditional antitrust clearance in February. Getty cited the UK conditions as making the deal unworkable.
Meridian48 take
The UK regulator's tougher stance highlights growing divergence in global antitrust enforcement, potentially reshaping cross-border tech M&A strategy.
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Cleared by the US, derailed by the UK: Getty’s Shutterstock merger falls apart →
The Verge
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