May 17 (Reuters) - The U.S. Federal Trade Commission onFriday said it approved Tesoro Corp's purchase of BPPlc's 240,000 barrel per day Los Angles area refinery andother assets in a 3-0 vote.
The commission found the deal would not substantially lessencompetition among seven refiners for gasoline in California, thenation's largest gasoline market.
California Attorney General Kamala Harris must also approvethe sale before it can go forward.