| REVIEWER | RATING & REVIEW |
 | GenghisTheHun (168)
03/28/2008 | The allegations about a monopoly are partly true. I think probably a cartel would be the better definition similar to the OPEC cartel. Diamonds are rather common. The cartel makes them dear.
(5 voted this helpful, 0 funny and 1 agree) |
 | ma duron (62)
12/15/2006 | Just what I keep tellin' the missus.
(3 voted this helpful, 0 funny and 0 agree) |
 | numbah16tdhaha (147)
12/15/2006 | Sounds like a heck of a way to make money...
(7 voted this helpful, 0 funny and 0 agree) |
 | FranksWildYears (48)
12/14/2006 | I don't know if it is really a conspiracy so much as a remarkably successful predatory monopoly. Diamonds would have some basic value as a mineral since they have industrial application such as drilling bits. But like all precious gems their disireability is based purely on the success of their marketing and the control of their pressence on the market. No single company in history has been as successful as De Beers at managing a commooodity to keep prices and profits high. OPAC was in the bush leagues compared to the De Beers family.
(5 voted this helpful, 0 funny and 0 agree) |
 | Drummond (54)
12/13/2006 | This is absolutely true. Debeers is actually wanted in the US for anti-Trust acts, so they do business in Chicago where they can easily slip onto a plane if federal agents are on their tails. They have made deals with the Soviet Union and apartheid South Africa to maintain their monopoly. They even admit that the prices are artificially inflated, arguing that the price is what makes the diamond special (sybolizing the sacrifice you made for the person for whom you bought it).
(5 voted this helpful, 0 funny and 0 agree) |
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