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...site, Ecopledge.com, lists three companies--Coca-Cola, General Motors, and BP-Amoco--which are purported to be particularly unfriendly to ecological causes...
This could get ugly. The heads of the FTC voted 3 to 2 Wednesday to block the pending merger of petroleum giants BP Amoco and ARCO. Though the FTC will no doubt deny it, it would appear that timing was the gasoline companies' problem as much as anything - they decided to combine just when the FTC had had its fill of oil company mergers. The commission spent good portions of 1998 and 1999 wrangling over whether to approve the $81 billion Exxon-Mobil merger, and have since indicated that the competitive playing field of gasoline vendors can't stand...
...irony is that BP Amoco-Arco would be less than half the size of Exxon Mobil. But the FTC voiced concerns that the move would stifle competition on the U.S.'s West Coast, with BP Amoco-Arco controlling 45 percent of the oil refined in California, Oregon and Washington. This won't be the last you hear about this - the heads of British-based BP Amoco and L.A.-based Arco have long said that they would fight regulators to the bitter...
...sake, hang up - it?s gonna blow! Cell phones are annoying, they cause car accidents, and they may give you brain cancer. Now, it seems, they may be combustible. Almost sheepishly claiming that "prudence is probably the best policy," BP Amoco spokeswoman Linda McCray announced Friday that cell phone use near fuel pumps at its U.S. gas stations will now be verboten. "This is not a ban - this is a precautionary warning," she explained, pointing to the very slim possibility that a malfunctioning cell phone could generate sparks and cause an entire station - not to mention the offending gabber...
...BP Amoco is one of a growing number of U.S. and European companies that have begun issuing annual reports that describe not only their financial performance but also details about their environmental and social or ethical behavior. This so-called triple-bottom-line exercise in corporate citizenship is based on the belief that companies owe stakeholders--customers, employees, activist groups, the public--an annual warts-and-all airing of their environmental and societal records, just like the flow of financial data they must provide to shareholders. But since environmental or ethical misdeeds can lead to profit-hammering headlines, the extra...