The Polish Office of Competition and Consumer Protection cleared without conditions the acquisition by AmeriGas of BP`s LPG assets in Poland
After an eight-month investigation, the merger of AmeriGas Polska and the LPG business of BP in Poland was cleared by the Polish Office of Competition and Consumer Protection (UOKiK) without conditions. Both parties are active in the wholesale and retail supply of liquefied petroleum gas (LPG) in bulk and in bottles, as well as in the wholesale supply of autogas in Poland.
During the review process, the Polish Office of Competition undertook an in-depth investigation into the appropriate segmentation of the market both in geographic and product terms. UOKiK also considered issues related to barriers to entry in the market as well as ease of geographic expansion by existing competitors. In its final decision, UOKiK concluded that the autogas market in Poland is national, but the geographic markets for the supply of LPG in bulk and in bottles are local in nature. The Authority, however, accepted that there are no significant barriers to entry / expansion by existing competitors into individual local markets in Poland and concluded that the AmeriGas/BP transaction will not result in significant lessening of competition in any of the affected markets. A CRA team led by Hristina Dantcheva advised both parties throughout the notification process.