financetom
Business
financetom
/
Business
/
Update: Getty Images-Shutterstock Deal Draws UK Antitrust Regulator Attention
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Getty Images-Shutterstock Deal Draws UK Antitrust Regulator Attention
Jun 23, 2025 9:33 AM

12:17 PM EDT, 06/23/2025 (MT Newswires) -- (Updates with Getty Images' ( GETY ) response in the fifth paragraph.)

Getty Images' ( GETY ) proposed merger with Shutterstock ( SSTK ) has attracted potential scrutiny by the UK Competition and Markets Authority.

The antitrust regulator said Monday it is considering whether the deal would lead to the creation of a "relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the [UK] for goods or services."

The CMA said it is issuing an invitation to comment to allow interested parties to submit their views on the potential impact of the transaction on competition in the UK. The comment period is scheduled to close July 7.

The regulator has not yet launched its formal investigation into the transaction, it said.

"As disclosed in our 10-Q, on April 22, 2025, the CMA invited Getty Images ( GETY ) to submit a Merger Notice and that their review process was ongoing," a Getty Images ( GETY ) spokesperson told MT Newswires. "The Invitation to Comment published by the CMA is a continuation of that review process."

Shutterstock ( SSTK ) did not immediately respond to MT Newswires' request for a comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
France, Germany, Italy, Poland agree to jointly develop long-range cruise missiles
France, Germany, Italy, Poland agree to jointly develop long-range cruise missiles
Jul 11, 2024
WASHINGTON, July 11 (Reuters) - France, Germany, Italy and Poland on Thursday kicked off an initiative to develop ground-launched cruise missiles with a range beyond 500 kilometres to fill a gap in European arsenals that they say has been exposed by Russia's war in Ukraine. The countries' defence ministers signed a letter of intent to this effect on the sidelines...
Bitcoin Stagnates, Ethereum And Dogecoin Rise Before Inflation Data; AMD Competes With Nvidia Via $665M AI Lab Acquisition - Top Headlines Today While US Slept
Bitcoin Stagnates, Ethereum And Dogecoin Rise Before Inflation Data; AMD Competes With Nvidia Via $665M AI Lab Acquisition - Top Headlines Today While US Slept
Jul 11, 2024
Crypto Cathie Wood Touts Palantir, Coinbase And Roku As ARK’s Flagship Fund Shifts Focus From Mag 6 Amid ‘Whiff’ Of Lower Interest Rates This Resort Town In California Launched US’ First Official Bitcoin Office After Taking Inspiration From Nayib Bukele’s Pro-BTC Country El Salvador Jack Dorsey’s Block Makes Historic Bitcoin Mining Chip Sale To Core Scientific: ‘Our First Mining Chip...
Check Point Software Technologies Expands Share Repurchase Program by $2 Billion
Check Point Software Technologies Expands Share Repurchase Program by $2 Billion
Jul 11, 2024
09:38 AM EDT, 07/11/2024 (MT Newswires) -- Check Point Software Technologies ( CHKP ) said Thursday its board has authorized a $2 billion expansion of its share repurchase program. Under the updated plan, expected to be completed in Q4, repurchases will be made based on market conditions and other factors, funded from available working capital, the company said. The company's...
RTX's Raytheon Unit Awarded $1.2 Billion Contract From Germany for Additional Patriot Air, Missile Defense Systems
RTX's Raytheon Unit Awarded $1.2 Billion Contract From Germany for Additional Patriot Air, Missile Defense Systems
Jul 11, 2024
09:39 AM EDT, 07/11/2024 (MT Newswires) -- RTX's (RTX) Raytheon unit said Thursday it received a $1.2 billion contract from Germany to provide additional Patriot air and missile defense systems. Under the terms, Raytheon will provide the most recent Patriot Configuration 3+ radars, launchers, command and control stations, associated spares, and support, it added. Price: 100.53, Change: -0.15, Percent Change:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved