ACCC Probes Bega’s Bid for Fonterra Oceania

Australia’s competition authority, the Australian Competition and Consumer Commission (ACCC), has officially opened an informal merger review into Bega Cheese’s proposed acquisition of Fonterra’s Oceania consumer, food‑service, and ingredient operations. The review—launched on 1 August—follows a growing consolidation trend in the Australian dairy sector and marks a strategic pivot by Fonterra to streamline its global…