regulatory
confidence high
sentiment negative
materiality 0.75
Getty Images receives CMA provisional decision on Shutterstock merger; UK editorial competition concern flagged
Getty Images Holdings, Inc.
- CMA provisionally finds no competition issues in global Stock content market, but a 'substantial lessening of competition' in UK Editorial market.
- Getty Images disagrees with the UK Editorial finding, citing the composition of the UK market and alternatives available to customers.
- Getty will file a response to the CMA interim report and continues to work cooperatively with the U.S. Department of Justice on its review.