Press Release: Mergers: Commission clears acquisition of aviation fuel supplier Statoil Fuel & Retail Aviation by rival BP, subject to conditions

The European Commission concluded on the 15 December 2014 that the acquisition of aviation fuel supplier Statoil Fuel & Retail Aviation (SFRA) of Norway by its rival BP, a UK based integrated gas and oil company was in line with the EU merger regulation. The decision was conditional upon the divestment of SFRA's activities at the airports of Stockholm, Malmö, Gothenburg and Copenhagen. The Commission had concerns that the few remaining players, would have been unable to sufficiently constrain the merged entity to avoid price increases. The commitments offered by BP address these concerns.

European Commission: DG Competition http://ec.europa.eu/competition/index_en.html

European Commission: Competition: Mergers http://ec.europa.eu/competition/mergers/legislation/regulations.html

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