New Dairy Available For NSW Producers
AUSTRALIA - The Australian Competition and Consumer Commission this week has re-authorised Queensland based dairy company Premium Milk to seek northern New South Wales (NSW) dairy farmers to join their collective bargaining group if they needed too.
24 September 2010
1 minute read
Historically, Premium’s Constitution has limited its membership to dairy producers located in south-east Queensland.
The ACCC considers that the collective bargaining arrangements are likely to continue to result in public benefits through transaction cost savings and providing the opportunity for increased producer input into contracts.
The ACCC considers that the collective bargaining arrangements are unlikely to result in significant anti-competitive detriment, even with Premium’s expanded membership base. Participating in the collective negotiations is voluntary for both Premium’s members and Parmalat. Collectively negotiated contracts will only be agreed and implemented where both dairy producers and Parmalat consider it is in their commercial best interest to do so.
On balance, the ACCC is satisfied that the likely benefits that will result from the arrangements will outweigh any public detriments and the ACCC grants authorisation for ten years until 14 October 2020.
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