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Fonterra cleared to acquire NZDL processing assets
date:Sep 08, 2012
ssening of competition

Comparing the acquisition by Fonterra to the scenario where another bidder would acquire NZDLs assets, the Commission is satisfied that the acquisition would not be likely to result in a substantial lessening of competition, said Commerce Commission chairman Dr Mark Berry.

The Commission also considers that Fonterras cooperative ownership structure and the regulatory environment in which it operates, together with its national raw milk pricing strategy, removes Fonterras

12/22 22:14