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    Getty cancels £2.8bn merger with Shutterstock

    3 weeks ago

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    Getty Images has terminated its £2.8 billion merger with Shutterstock after the UK's Competition and Markets Authority (CMA) mandated the sale of Shutterstock's editorial arm for approval. The CMA raised concerns about market dominance and potential price increases. Getty's shares fell 4%, while Shutterstock's stock dropped by 28% following the announcement.
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