# If you'd like to omit non-matching lines from the result; add ';d' to the end of the expression.
sed -E 's/L([0-9]*,[0-9]*)\b \KM\1//g;t' <<< "M329789,22223 L333539,22223 M333539,22223 L333539,24023 M333539,24023 L329789,24023 M329789,24023 L329789,22223"
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for SED, please visit: https://www.gnu.org/software/sed/manual/html_node/The-_0022s_0022-Command.html