Getty Images and Shutterstock in Merger Talks

The world’s two largest stock photo agencies, Getty Images and Shutterstock, have begun negotiations for a potential merger.

A deal could create a company valued at over $2 billion, strengthening its position amid rising demand for visual content and the growing impact of AI on the industry. However, the proposed merger is already drawing scrutiny from antitrust regulators. Following the news, Getty Images' stock surged 32%, marking its biggest jump since 2023.

According to Bloomberg, Getty Images is actively exploring a merger with its competitor but may walk away if regulatory pressure intensifies. Neither company has officially commented on the talks.

A successful merger could enhance content management efficiency and technological innovation, but it also raises concerns about market dominance and reduced competition. Given the scale of the deal, antitrust regulators are expected to closely examine its implications.

Both companies are counting on a favorable stance from the current U.S. administration. However, experts warn that even under a more business-friendly political climate, antitrust scrutiny will remain strict. Key figures from the Department of Justice and the Federal Trade Commission, such as Gail Slater and Andrew Ferguson, are expected to take a tough stance despite the deal’s potential economic benefits.