UK Pushes Shutterstock’s Editorial Arm Sale for Getty Deal

The UK, which is scrutinizing Getty Images Holdings Inc deal with Shutterstock Inc. to create a $3.7 billion firm, proposed that Shutterstock sell its entire editorial business to get approval for the acquisition.

The Competition and Markets Authority is consulting on the proposals after finding that that the purchase would dent competition and adversely impact the choices for media outlets in the UK. Getty said it disagreed and plans to meet with the regulator.