Dean Foods officials have announced that Dairy Farmers of America is the winning bidder to acquire 44 of their fluid and frozen facilities for $433 million. Organization For Competitive Markets Director of Policy and Research Ben Gotschall says that’s a huge concentration concern and that that deal still must be approved before it goes through. He says it’s important to note that the U.S. Justice Department is investigating any possible anti-trust concerns with this acquisition. Gotschall says antitrust Read More …
Tag: dairy
WNAX | Organization For Competitive Markets Is Monitoring Sale Of Dean Foods Assets
The Organization For Competitive Markets is monitoring the bidding process for the acquisition of Dean Foods assets following the company’s decision to file for bankruptcy. Earlier Dean had received an offer from Dairy Farmers of America to purchase some of their assets however they have now withdrawn that offer. That move allows for a competitive bidding process. OCM Policy and Research Director Ben Gotschall says that competitive bidding is what’s needed to address concentration concerns. He says OCM Read More …
Cooperative Consolidation: Why Dairy Farmers of America Should Not Be Allowed to Purchase Dean Foods
By Bobbi Wilson, Wisconsin Farmers Union The looming threat of a milk monopoly is making headlines as the nation’s largest dairy cooperative, Dairy Farmers of America, negotiates the purchase of Dean Foods following its bankruptcy announcement. If the deal is approved, DFA would achieve near total control over regional fluid milk markets in New England and the Midwest. The news comes on the heels of a Government Accountability Office report showing reduced farmer earnings and power imbalances result from Read More …