Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Dairy Industry Restructuring Act

4 October 2004-05 / 040

Dairy Industry Restructuring Act: Commission to investigate Open Country Cheese dispute with Fonterra

The Commerce Commission today announced it would investigate Open Country Cheese Company Limited's (Open Country) application for a determination relating to charges for reasonable transport costs with Fonterra Co-operative Group (Fonterra). A report detailing the Commission's decision to investigate is available on the website, www.comcom.govt.nz .

Open Country's application says the two parties have been unable to agree on the value of the transport component of the default milk price for raw milk that Open Country is to purchase from Fonterra under the Dairy Industry Restructuring (Raw Milk) Regulations 2001.

Waharoa-based Open Country is scheduled to commence operations 1 October 2004. Its plan is to manufacture and sell international quality cheese made from New Zealand sourced milk.

Fonterra's response to Open Country's application is also available on the Commission's website.

In accordance with the Dairy Industry Restructuring Act, the Commission will complete the determination as soon as practicable.

ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

BusinessDesk: Body massages and Uber are in, DVDs are out, says Stats NZ

Statistics New Zealand has rejigged the consumers price index basket in its latest three-year review, adding body massages, Airbnb and Uber and removing DVD and Blu-Ray players…More>>

ALSO:


StuffMe: Commerce Commission Welcomes Dismissal Of Merger Appeal

In a summary of their judgment released today, Justice Dobson and lay member Professor Martin Richardson dismissed the appellants’ process criticisms and found the Commission was entitled to place significant weight on the prospect of reduced quality of the products produced by the merged entity. More>>

ALSO:

Digital Futures: New Chief Technology Officer Role Created

Communications Minister Clare Curran has called for expressions of interest for the new role of Chief Technology Officer position to help drive a forward-looking digital agenda for New Zealand. More>>

Dry: Beef + Lamb Launches Drought Resources

The resources include a fact sheet outlining strategies to manage and mitigate the effects of drought, coping with stress on the farm and advice on feed requirements and animal welfare during the dry period. More>>

ALSO:

InternetNZ: Net Neutrality Failure In US "Will Hurt All Users"

InternetNZ Chief Executive Jordan Carter has condemned the decision by the United States communications regulator to undo 2015 open Internet rules, warning that all Internet users will end up worse off as a result. More>>

ALSO: