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The Independent UK
The Independent UK
Business
Holly Williams

RARE PHOTOS: Getty pulls ps2 8bn tie up with shutterstock after cma orders disposal 8n9q3u3e | Rare Historical Photos

CMA US Dollar
The proposed tie-up, agreed in January, sought to unite two of the biggest players in the images and video market - (Getty)

Getty Images has scrapped its £2.8 billion merger with rival Shutterstock after Britain’s competition watchdog ruled a significant divestment was necessary for the deal to proceed.

The Competition and Markets Authority (CMA) had demanded the sale of part of the business to grant approval.

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