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Topic:  BP Amoco

Announced Action(s) for April 21, 1999

Agency: Federal Trade Commission Date: 21 April 1999

Applications for approval of transactions: The FTC has received an application for approval of a transaction and is seeking public comments on the application for 30 days, until May 21, 1999.

BP Amoco p.l.c. (which was created by the merger of British Petroleum Company, p.l.c. and Amoco Corporation) has submitted an application to divest retail assets in eight markets, where both firms operated retail stations, to Tosco Corporation. The divestitures are required under the terms of a consent order made final by the FTC on April 19, 1999. Comments on the proposed divestiture should be addressed to the FTC, Office of the Secretary, 600 Pennsylvania Avenue, N.W., Washington, D.C. 20580. (See news release dated December 30, 1998; FTC File No. 9810345; Staff contact is Daniel Ducore, 202-326-2526.)

Copies of the application are available from FTC's Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, D.C. 20580; 202-FTC-HELP (202-382-4357); TDD for the hearing impaired 1-866-653-4261. To find out the latest news as it is announced, call the FTC NewsPhone recording at 202-326-2710.

Media Contact:

Office of Public Affairs
202-326-2180