Getty, Shutterstock Deal Faces In-Depth UK Antitrust Probe
Source: Blackwaterimages/Getty Images
Getty Images Holdings Inc.’s plan to acquire rival stock-photo provider Shutterstock Inc. will face an in-depth probe from the UK’s deal watchdog amid concerns the tie-up could hamper competition.
The Competition and Markets Authority said Monday that the deal to create a combined firm worth about $3.7 billion could lead to higher prices, worse commercial terms and lower quality of editorial and stock images for customers.