UK Signs Off On Ticketmaster, Live Nation Merger

Law360, New York (December 22, 2009, 12:30 PM EST) -- U.K. competition authorities on Tuesday cleared the proposed $2.5 billion merger of Ticketmaster Entertainment Inc. and concert promoter Live Nation Inc., finding the combination would not curb competition in the ticket retailing and promotion of live music in the U.K. or among live music venues in the country.

The approval comes just a few months after the U.K. Competition Commission expressed concerns that the merger could keep Europe's largest ticketing agent, CTS Eventim AG, from competing in the U.K. market.

Before the merger was announced, Live...
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