Fonterra restructuring will weaken competition

Young members of Forest & Bird help to plant native trees. (Source: Forest & Bird)

Mon, 25 Jul 2022

Evidence is already available that Fonterra’s restructuring plan will weaken competition and strengthen the heavyweight’s already dominant position.The government has consulted on its intention to greenlight the restructuring plan, and a number of submissions highlight why the government should not approve the plan.One submission came from a farmer who had decided to switch from supplying Fonterra to supplying Synlait ahead of the May 6, 2021, announcement of the plan.“If the restructure had been announced prior to our commitm...

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