Allegations have been made that Murray Goulburn, the largest milk processor in Australia, has misled dairy farms with its pricing for milk products. It is alleged that the misrepresentations made by the milk processor negatively impacted the farmers who made business decisions based upon the pricing stated by Murray Goulburn. The matter is being investigated by the Australian Competition and Consumer Commission who is looking into various measures including but not limited to penalties, disqualification orders and costs from the processor.
Key Takeaways:
- Australia’s biggest drain processor has made deluding portrayals in negation of the Australian Consumer Law as per the Australian Competition and Consumer Commission.
- It was charged that Murray Goulburn Cooperative Co. Constrained, alongside previous overseeing executive Gary Helou and previous CFO Bradley Hingle are occupied with unconscionable direct.
- The ranchers depended on Murray Goulburn’s portrayals and were not expecting a significant decrease in the farmgate drain cost.
“The ACCC said in all circumstances Murray Goulburn’s conduct towards farmers was unconscionable.”
Read more: http://c-store.com.au/2017/05/01/allegations-made-australias-largest-milk-processor/
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