Texaco Ltd / BP Oil UK Ltd

OFT closed case: Anticipated acquisition by Texaco Ltd of 21 service stations from BP Oil UK Ltd.

Affected market: Petrol retailing

No. ME/1350/03

On the basis of the information available to it, the Office of Fair Trading has decided that the anticipated acquisition by Texaco of 21 service stations from BP Oil UK Ltd does not qualify for investigation under the mergers provisions of the Enterprise Act 2002, because neither the UK turnover test nor the share of supply test in section 23 of the Act is met. A relevant merger situation has, therefore, not been created.

 

Published 21 September 2003