Case Details

Year Initiated/Committed

2000

Year Resolved

2000

Settlement Amount

$1,208,112.55 costs

Court

U.S. District Court for the Northern District of California at San Francisco

Docket Number

C00 0420 SI

Lead State

CA, OR, WA

Participating States

CA, OR, WA

Defendant(s)

BP Amoco p.l.c.; Atlantic Richfield Co. (ARCO)

Case Description

Plaintiff States, along with the FTC sought to enjoin the merger between BP and ARCO, alleging that the merger would give BP monopoly-like control over Alaska North Slope crude oil production and sales to West Coast refineries. In order to consummate the merger and maintain a viable, competitive market, BP-ARCO agreed to divest the ARCO Alaska assets and its ARCO Beluga Inc. assets to Phillips Petroleum of Bartlesville, Oklahoma. Additionally, BP Amoco cannot, without thirty days advance written notice to the Plaintiff States, attempt to reacquire any of the divested assets for a period of ten years. Further, the Plaintiff States were awarded $1,208,112.55 in costs of the investigation and attorneys fees.