The Commerce Commission in New Zealand has released details of the scope of its inquiry into whether Fonterra Cooperative Group’s 87% of NZ’s milk gives it too much market dominance.
The review is required under the law, when Fonterra was established. It sets out the rules for supply to other milk companies and anticipates those DIRA provisions being phased out once certain market share thresholds have been met.
Commissioner Stephen Gale said “the review will look at whether the regulations are helping or hindering the efficient operation of the NZ dairy industry. To do this we intend to examine how competition has developed since Fonterra was established and what it might look like in the future.”
The Commission is calling for submissions on its discussion document by 10 July and market participants will get another chance for feedback when the regulator releases its draft report in November.
Full content: Irish Farmer’s Journal
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Senators Urged to Expedite Gail Slater’s Confirmation as DOJ Antitrust Chief
Feb 11, 2025 by
CPI
Former Michigan Asphalt Executive Pleads Guilty in Bid-Rigging Scheme
Feb 11, 2025 by
CPI
Ballard Spahr Expands Litigation Team with Addition of Antitrust Attorney in Seattle
Feb 11, 2025 by
CPI
Portuguese Court Overturns €225 Million Fine for Banking Collusion Due to Statute of Limitations
Feb 11, 2025 by
CPI
Binance and SEC Request Stay in Crypto Lawsuit Amid New Regulatory Task Force
Feb 11, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Criminal Enforcement
Jan 23, 2025 by
CPI
The Antitrust Division’s Recent Work to Combat International Cartels
Jan 23, 2025 by
Emma Burnham & Benjamin Christenson
Information Sharing: The New Frontier of U.S. Antitrust Enforcement
Jan 23, 2025 by
Brian P. Quinn, Casey Kovarik & Michael Tubach
The Key Role of Guidelines on Exchanges of Information Among Competitors and the Divergent Transatlantic Paths
Jan 23, 2025 by
Rosa Abrantes-Metz & Albert Metz
Leniency, Whistleblowers, and Compliance
Jan 23, 2025 by
Richard Powers, Tara O’Malley & Cory Gordon