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Processing acquisition will boost raw milk competition, not reduce it
date:Jul 11, 2012
Earlier this month, the New Zealand Commerce Commission received an application from Fonterra Co-operative Group seeking clearance to acquire the dairy processing assets of NZDL.

NZDL was placed in receivership on 17 May 2012 after its owner, Nutritek Group, was declared bankrupt in Russia. Until that time, it had been collecting milk from farmers in the South Canterbury and North Otago regions.

It is the Commerce Commissions job to determine whether the acquisition will substantially lessen

12/22 00:17