CELEX: 32020M9786
Language: en
Date: 2020-04-17 00:00:00
Title: Commission Decision of 17/04/2020 declaring a concentration to be compatible with the common market (Case No COMP/M.9786 - RIL / BP / RBML JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 17.4.2020
                                                                C(2020) 2554 final
                                                                                 PUBLIC VERSION
                                                                To the notifying parties
Subject:        Case M.9786 – RIL / BP / RBML JV
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                                       1
                (EC) No 139/2004 and Article 57 of the Agreement on the European
                                    2
                Economic Area
Dear Sir or Madam,
1.      On 23 March 2020, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Reliance
        Industries Limited (“RIL”) (India) and BP Global Investments Limited (“BP GIL”)
        (UK), controlled by BP, acquire within the meaning of Article 3(1)(b) and of Article
        3(4) of the Merger Regulation joint control over the whole of the undertaking
        Reliance BP Mobility Limited (“RBML”) (India) by way of purchase of shares in a
        newly created company constituting a joint venture.3
2.      The business activities of the undertakings concerned are:
             for RIL: hydrocarbon exploration and production, petroleum refining and
              marketing, petrochemicals, retail, telecommunications and digital services,
             for BP: exploration, production and marketing of crude oil and natural gas;
              refining, marketing, supply and transportation of refined products; petrochemicals
              and related products; and alternative energy,
             for RBML: the sale of ground transportation fuels through petroleum retail
              outlets; the sale of motor spirit and high speed diesel to the transport segment,
              non-transport segment and on-demand fuelling; non-fuel businesses carried out at
              petroleum retail outlets; the retail sale of lubricants; and the operation of RIL’s
              business of aviation fuel storage, into-plane fuel distribution facilities for the sale
1       OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’). With effect from 1 December 2009, the Treaty on
        the Functioning of the European Union (‘TFEU’) has introduced certain changes, such as the
        replacement of ‘Community’ by ‘Union’ and ‘common market’ by ‘internal market’. The terminology
        of the TFEU will be used throughout this decision.
2       OJ L 1, 3.1.1994, p. 3 (the ‘EEA Agreement’).
3       Publication in the Official Journal of the European Union No C 108, 1.4.2020, p. 6.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak---         and/or supply of aviation fuel at airports in India as a service provider to RIL. The
        scope of the joint venture is limited to operations in India.
3. After examination of the notification, the European Commission has concluded that
   the notified operation falls within the scope of the Merger Regulation and of
   paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of
   certain concentrations under Council Regulation (EC) No 139/2004.4
4. For the reasons set out in the Notice on a simplified procedure, the European
   Commission has decided not to oppose the notified operation and to declare it
   compatible with the internal market and with the EEA Agreement. This decision is
   adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of
   the EEA Agreement.
                                                     For the Commission
                                                     (Signed)
                                                     Olivier GUERSENT
                                                     Director-General
4  OJ C 366, 14.12.2013, p. 5.
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