UK Regulator Clears $3.7 Billion Getty-Shutterstock Merger if Shutterstock Sells Editorial Business
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Britain’s competition regulator conditionally cleared Getty’s $3.7 billion merger with Shutterstock, allowing the deal to proceed only after Shutterstock sells its global editorial business to an approved buyer.
The watchdog said the competition concern was in editorial content supplied to UK media outlets, rather than in stock content supplied globally.
From the sources (3 posts)
@reutersUK regulator conditionally clears $3.7 billion Getty-Shutterstock merger
@reutersUK regulator conditionally clears $3.7 billion Getty-Shutterstock merger
@cmagovukWe’ve conditionally cleared Getty’s merger with Shutterstock, which can proceed if Shutterstock sells its editorial business. Read more: