Dairy sector takes the cream in a Murray Goulburn bid

Murray Goulburn's synergies and co-operative structure could channel incentives to expand production back to farmer suppliers. Its bid could be a boon for the dairy sector.

One of the curious aspects of the Australian Competition and Consumer Commission’s submission to the Australian Competition Tribunal’s assessment of Murray Goulburn’s bid for Warrnambool Cheese and Butter is how narrow and conventional its approach is.

The tribunal will authorise (or reject) the Murray Goulburn bid after assessing the perceived public benefits and detriments and determining whether there is a ‘net public benefit’ from the proposed acquisition.

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