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    Is there a monopoly on diamonds by the De Beers company?

    Question #63261. Asked by augusta123. (Mar 08 06 10:35 PM)


    ^kitten^

    from what i understand there is a supply demand thing .... they control market prices that way ....
    think now with the new synthetics they are having a harder time of it, and the new diamond finds in Russia and northern Canada

    Mar 09 06, 1:32 AM
    xfacilitatorx

    DeBeers has the market in their pocket.

    http://www.rotten.com/library/crime/corporate/debeers/

    http://www.rotten.com/library/crime/corporate/debeers/

    Mar 09 06, 8:40 AM


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