Mastodawn

I'm reluctant to agree with Winston on many fronts, but this I do.
Shareholders, it's in their court to stop this idiotic sale your wise board has set up.
Don't come crying for sympathy in future when things go pear shape.
#fonterra

'Giving it away': Winston Peters lays into Fonterra over sale of iconic brands https://www.rnz.co.nz/news/political/575440/giving-it-away-winston-peters-lays-into-fonterra-over-sale-of-iconic-brands

'Giving it away': Winston Peters lays into Fonterra over sale of iconic brands

The NZ First leader is demanding answers over the sale of brands including Mainland and Anchor.

RNZ

Show thread

Strypey

"Fonterra has agreed to sell major brands like Mainland and Anchor for $3.845 billion."

#GilesDexter, 2025

https://www.rnz.co.nz/news/political/575440/giving-it-away-winston-peters-lays-into-fonterra-over-sale-of-iconic-brands

I strongly believe trademark law needs reform, so trademarks can't be sold as tradeable assets. The whole point of a trademark is to allow customers to buy from a consistent source. If they can be transferred from one operator to another, who can slap it on whatever garbage they like, it defeats the whole purpose.

#PolicyNZ #TrademarkLaw

@BigD @rogerparkinson

'Giving it away': Winston Peters lays into Fonterra over sale of iconic brands

The NZ First leader is demanding answers over the sale of brands including Mainland and Anchor.

RNZ

Show thread

BigD Oct 10

@strypey @rogerparkinson
Good point. What is the point of trademark if it can be flogged off. ( edit)
I will be surprised if this gets a majority vote from shareholders. Farmers aren't broke( ATM) aren't thick( some are ignorant) and aren't all needing to pay off large bank loans( why would they at current interest rates)