In focus: Getty and Shutterstock merger gets CMA probe Media The $3.7bn (£2.7bn) merger between Getty Images and Shutterstock is to be the subject of an in-depth probe from the UK’s competition watchdog after ‘substantial concerns’ were flagged. The deal, which was first announced in January, had already attracted the eye of the Competition and Markets Authority (CMA) in June but will now be looked into [...]
Getty Images’ £3bn Shutterstock merger captures watchdog’s eye Business The $3.7bn (£2.9bn) merger between Getty images and Shutterstock has caught the attention of the UK’s competition watchdog. The deal, which was first announced in January, has the potential to monopolise the stock image market for creative, media and advertising industries. At the time of the announcement, Getty Images said the merger was expected to [...]
Getty Images and Shutterstock announce merger Media Getty Images and Shutterstock have agreed to merge in a $3.7bn (£2.9bn) deal, forming a combined entity under the name Getty Images Holdings, geared to monopolise the stock image market for creative, media, and advertising industries. The merger was announced on Tuesday, and is expected to close following regulatory and shareholder approvals. The merger is [...]