Britain's antitrust watchdog, the Competition and Markets Authority (CMA), announced it has launched an investigation into the proposed $3.7 billion merger between Getty Images and Shutterstock. This probe will assess whether the combination could lead to a substantial lessening of competition within the UK market.
The investigation adds another layer of regulatory scrutiny to the merger, following the Second Request issued by the U.S. Department of Justice in April 2025. Regulatory approvals are a key condition for the completion of the transaction.
The companies had previously stated their expectation for the merger to close in the second half of 2025, subject to obtaining all required regulatory approvals. This new development from the UK regulator introduces further potential for delays or conditions to the deal.
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