In December 2016, Woolworths announced it would sell its own operated sites to BP for $1.75 billion, and would enter into a franchise agreement to retain its branded stores at the sites. The Australian Competition & Consumer Commission (ACCC) blocked the deal in August 2017 over concerns it would reduce competition and result in motorists paying more for petrol. BP pulled out of the deal in July 2018, saying the concessions that would have been required to satisfy the ACCC would make the deal commercially unviable.
