UK competition watchdog flags concerns on Live Nation-MCD merger
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(Reuters) - Britain's competition watchdog said on Thursday the proposed takeover of Ireland-based MCD Productions by the joint venture owned by U.S.-based Live Nation raises competition concerns in the music promotion industry in Northern Ireland."There are only a few rival music promoters in the region and they mainly rely on Ticketmaster to sell tickets to their events," the Competition and Markets Authority said in a statement.Ticketmaster is owned by Live Nation and the competition watchdog..