Getty Images is terminating its $3.7bn Shutterstock merger after the UK's CMA demanded a sale it would not accept, despite US antitrust clearance.

Getty Images cancels its $3.7 billion merger with Shutterstock after the UK's CMA demanded divestiture of Shutterstock's global editorial business as a

The photo giant chalks up the scuttling of the deal to a U.K. regulator requiring a divestiture of its rival's editorial business, a non-starter for the company.