Saturday, April 03, 2004
DeBeers news
DeBeers has only been able to do business in the US thru intermediaries since just after world war II when the US govt filed a suit alleging price fixing (big surprise since DeBeers controlled almost the entire market). In 1994 the US govt filed a second suit but since they remained out of country, DeBeers was untouched. Now they are trying to settle this suit so they can once again have a presence here. I say screw 'em. They are greedy bastards (as is most of the diamond/jewelry industry) perpetuating a terrible outlook on life/relationships. I really have to get my big diamond blog/essay done.
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