Tag Archives: Diamond industry

Explain the mechanisms by which they managed to sustain their central and highly profitable position in the diamond industry for such a long period.

The De Beers organization was successful at monopolizing the trade of diamonds for over a century. Explain the mechanisms by which they managed to sustain their central and highly profitable position in the diamond industry for such a long period. In 1981 DRC decided to leave the CSO . How did De Beers respond, and […]