CASE HUB ARCHIVED—this case hub reflects the position at the date of the decision of 15 May 2026; it is no longer maintained. See further, timeline. Case facts Outline UK merger investigation into the anticipated acquisition by Getty Images Holding, Inc. of Shutterstock, Inc. The transaction involves horizontal overlaps in the supply of digital content, including photos, illustrations, videos, and music. Latest developments On 7 July 2026, the CMA formally cancelled its phase 2 investigation after Getty Images Holding, Inc. decided to abandon the propose transaction. Parties • Getty Images Holding, Inc. (Getty Images): Getty Images operates as a holding company. The company, through its subsidiaries, supplies stock images, editorial photography, video, and music for business and consumers worldwide. Getty Images also offers custom photo services for corporate clients. • Shutterstock, Inc (Shutterstock): Shutterstock operates a global marketplace for commercial digital imagery. It provides stock photography, footage, music, and editorial tools. Shutterstock serves customers worldwide. Background Transaction On 7 January 2025, the parties announced that they had entered into a merger agreement