UK CMA intends to refer Shutterstock-Getty Images merger to Phase 2 review

Shutterstock, Inc.

UK's Competition and Markets Authority (CMA) notified Shutterstock of intent to refer merger to Phase 2 unless acceptable undertakings are offered.
Shutterstock remains committed to the proposed merger and will continue engaging with the CMA.
Shutterstock will work with Getty Images to expeditiously secure necessary regulatory clearances.

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