UK regulator warns Getty-Shutterstock $3.7 billion merger may harm competition

Reuters
Oct 20
UK regulator warns Getty-Shutterstock $3.7 billion merger may harm competition

Oct 20 (Reuters) - Britain's competition watchdog said on Monday that the proposed $3.7 billion merger between U.S.-based Getty Images GETY.N and rival Shutterstock SSTK.N could substantially harm competition in the UK market, giving the companies until October 27 to offer remedies or face a full investigation.

(Reporting by Yamini Kalia in Bengaluru; Editing by Tasim Zahid)

((Yamini.Kalia@thomsonreuters.com))

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