De Beers Monopoly
De Beers maintained its powerful grip on the diamond market by controlling supply and ensuring high prices. Despite its monopoly, the company faced a challenge in generating demand among American consumers, especially without a physical presence in the U.S. The story of a lawyer's experience serving court papers to De Beers illustrates the lengths the company would go to protect its dominance.In this clip
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Why are we still buying diamonds?
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