Will Fonterra's market share remain below 80%?

(Image: NZME)

Tue, 21 Nov 2023

Fonterra’s share of the country’s milk supply hasn’t managed to crack 80% this season, but tweaks to legislation three years ago mean it won’t trigger a review. Under previous iterations of the Dairy Industry Restructuring Act (Dira), there was a requirement within the legislation that a review be initiated when Fonterra’s market share fell below 80%.Since Fonterra was set up and regulated under Dira, its market share has dropped from roughly 95% of the country’s total milk supply to just above...

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