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The merger, first announced in January, faces a deeper review in the U.K. unless the companies address competition concerns.

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Investing.com -- The U.K. Competition and Markets Authority (CMA) has raised competition concerns over the proposed $3.7 billion merger between Getty Images Holdings and Shutterstock.

Getty's stock lost 9.8% to $1.93, while Shutterstock's shares declined 13% to $22.22. The U.K. Competition and Markets Authority said Monday the $3.7 billion merger, which the companies agreed to in ...

Shutterstock (SSTK) said it received notice from the UK's Competition and Markets Authority that its planned sale to Getty Images (GETY) was moving into a phase 2 review.

The UK Competition and Markets Authority (CMA) said on Monday that the proposed USD3.7 billion ($5.68 billion) merger between Getty Images and stock-photo rival Shutterstock raises competition ...