The UK CMA says it will launch an in-depth investigation into Getty and Shutterstock's proposed merger after their proposed remedies failed to address concerns (Raechel Thankam Job/Reuters)

The UK Competition and Markets Authority (CMA) has announced it will conduct a thorough investigation into the proposed merger between Getty and Shutterstock. This decision comes after the companies' attempts to address regulatory concerns were deemed insufficient. The investigation is significant as it highlights ongoing scrutiny in the media and technology sectors, particularly regarding competition and market fairness. The outcome could have major implications for both companies and the industry as a whole.