The merger of ticket agent Ticketmaster and concert promoter Live Nation has been cleared by the UK regulator.

The Competition Commission said that the merger would "not result in a substantial lessening of competition in the market" in the UK.

The decision is a reversal of its provisional ruling. It had been concerned the deal would lead to higher prices and lower quality of service.

The US Justice Department is also investigating the proposed merger.

More: http://news.bbc.co.uk/1/hi/business/8425753.stm

Do you agree with the decision to allow the merger? How do you anticipate being affected?