April 2006
Commerce Commission considers Fonterra not in breach in including profits from investments in calculation of the wholesale milk price
21 April 2006
The Commerce Commission has published its final determination in a dispute over the components of the Wholesale Milk Price payable by independent processors when purchasing raw milk from Fonterra. The Commission has concluded that Fonterra has not breached the Dairy Industry Restructuring (Raw Milk) Regulations 2001 by including the profits realised from the sale of shares in retention when calculating the wholesale milk price.Relates to: Dairy Industry
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