Dossier
Backgrid
Coverage of Backgrid in the Nexus archive.
- Cleared by the US, derailed by the UK: Getty’s Shutterstock merger falls apart
Getty is terminating its $3.7 billion merger with Shutterstock due to UK regulatory conditions requiring the sale of Shutterstock's editorial business. The US Department of Justice had previously approved the deal unconditionally, but the UK Competitions and Markets Authority imposed restrictions that Getty refuses to accept.