19.1.2001 Official Journal of the European Communities L 181 (Acts whose publication is not obligatory) COMMISSION COMMISSION DECISION of 29 September 1999 declaringa concentration to be compatible with the common market and the EEA Agreement (Case IV/M.1532 — BP Amoco|Arco) (notified under document number C(1999) 3059) (Only the English text is authentic) (Text with EEA relevance) (2001/45/EC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to the Agreement on the European Economic Area, and in particular Article 57(2)(a) thereof, Having regard to Council Regulation (EEC) No 4064/89 of 21 December 1989 on the control of concentrations between undertakings (1), as last amended by Regulation (EC) No 1310/97 (3), and in particular Article 8(2) and Article 10(2) thereof, Having regard to the Commission decision of 10 June 1999 to initiate proceedings in this case, Having regard to the opinion of the Advisory Committee on Concentrations (%), Whereas: ()  On 4 May 1999, the Commission received notification pursuant to Article 4 of Regulation (EEC) No 4064/89 (the Merger Regulation) of a proposed concentration by L) O] L 395, 30.12.1989, p. 1; corrected version in O] L 257, 21.9.1990, p. 13. () OJL 180, 9.7.1997, p. 1. G OJC .ty ety Pr e which the undertaking BP Amoco plc (BPA) acquires control within the meaning of Article 3(1)(b) of the Merger Regulation of Atlantic Richfield Company (Arco). (2) By decision of 10 June 1999, the Commission found that the notified operation raised serious doubts as to its compatibility with the common market and initiated proceedings pursuant to Article 6(1)(c) of the Merger Regulation. I. THE PARTIES AND THE OPERATION (3) BPA is the holding company of a multinational oil exploration, petroleum and petrochemical group comprising three core businesses, that is, BP Amoco Exploration (oil and gas exploration and production); BP Amoco Oil (refining, marketing, supply and transportation); and  BP  Amoco  Chemicals (manufacturing and marketing of petrochemicals and related products). The BP Amoco Group was formed as a result of the merger between the British Petroleum Company plc and Amoco Corporation(*). It has well-established operations in Europe, the United States of America, Australasia and parts of Africa, and is expanding its presence in Asia and South America. (*) See Commission Decision of 11 December 1998 in Case IV/M.1293 — British Petroleum/Amoco Corporation.