UK Competition and Markets Authority Refers Proposed Merger of Getty Images and Shutterstock for Phase 2 Review

Core Viewpoint - Getty Images is committed to its proposed merger with Shutterstock despite the UK's Competition and Markets Authority referring the merger to a Phase 2 review process, which the company finds disappointing [1] Company Overview - Getty Images is a leading global visual content creator and marketplace, offering a wide range of content solutions to customers worldwide, regardless of their size [2] - The company collaborates with nearly 600,000 content creators and over 355 content partners, covering more than 160,000 news, sports, and entertainment events annually, showcasing its extensive coverage capabilities [2] Technological Advancements - Getty Images enhances customer creativity through its creative library and Custom Content solutions, utilizing generative AI technologies that allow for text-to-image generation, ensuring commercially safe visuals [3]