Business Breakdown: Fonterra's rivals reject need to deregulate dairy industry

Mon, 13 Jul 2015

By Fiona Rotherham July 14 (BusinessDesk) - Competitors of Fonterra Cooperative Group, the country’s largest dairy processor, claim there’s still insufficient competition to deregulate the industry. The Commerce Commission is undertaking a nine-month review, ordered by the government, of the industry’s competitiveness and the Dairy Industry restructuring Act 2001 (DIRA). In submissions to the commission, rival processsors either want the status quo or are pushing for tighter regulations. Fonterra said it would comment separately on sub...

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