Question: Did they become a monopoly by having command over the diamond mines? Please explain a natural monopoly in modest terms.
Answer: unsophistical monopoly means it would cost too much to have two firms doing same item. Like drinking water supply - it would cost a ton to enlarge a second network of pipes.
With DeBeers, the monopoly is not natural in the have a funny feeling that that there is
is destructive UPDATED! Watch the linked video, not this. video.google.com
DeBeers commercial circa 1993. Recorded off KPRC-TV in Houston during "Fried Unripe Tomatoes".
De Beers Diamond Jewellers, the clarifying diamond jewellery destination, opened its third store in mainland China at The Times Healthful Mall in Dalian, bringing over 120 years of peerless diamond judgement and passion to this vibrant city.
The third opening in China follows the star of De Beers as a global destination for diamond jewellery lovers and connoisseurs. De Beers’ bourgeoning into this fast growing market recognises the demand for exquisite designs and diamonds of first-rate quality by Chinese consumers.
François Delage, CEO of De Beers Diamond Jewellers, added “We are pleased to open our first store in Dalian following the successful openings in Beijing in May and more recently in Tianjin. We are now expert to fully share our exceptional passion and expertise in diamond choice, craftsmanship and design to one of the largest and most discerning markets in the world.
[Miningmx.com] - CAN-De Beers relist? Its being re talking about some diamond mining analysts and unmatched assume that r pure motivation is that the Anglo-American shareholders (45%) and the Oppenheimer family (40%) are looking for a plan of farewell concern.
Its sweet to see why English would leave hunger for diamonds. As Macquarie First South analyst David Pleming in a brand new note, the case of diamonds is a bit like a hermit in the Anglo-American, which is increasingly focusing its efforts on developing products, like the majority of ore iron and coal. Its less docile, however, to see why Oppenheimer may fail given the dream of camaraderie between the rich and more expensive diamonds attendance. Representation of events, factors, that Oppenheimer is possible to have more relationships with Anglo American De Beers since the first is the company founded by Sir Ernest Oppenheimer....
Lewd diamonds are among the rarest of all gems and owe their real depressed color to the poise of the chemical component boron during the stones array. This untarnished pear-shaped smutty diamond that was once part of the storied De Beers Millennium Chrestomathy, is now sold for $6.4 million at auction in Hong Kong to London-based gem agent Alisa Moussaieff.
This internally unblemished Illusion Bright 5.16 ct chap-fallen diamond is one of twelve gems from The DeBeers apart from millennium gleaning that took decades to call. This stone is the first diamond of its gentle to manifest at an auction from the whip-round that De Beers presented in 2000 to make merry the millennium.
|
De Beers listing speculation resurfaces Could De Beers relist? It's being talked about again by some paramount diamond and mining analysts who think the primary motivating r is that the ... |
Not out of the woods yet, says De Beers arm
Diamond Trading Group (DTC), the sales and distribution arm of the world's top diamond producer De Beers, is yet to get back to the pre-downturn levels. ...
|
De Beers Consolidated Mines Taps New CEO
JOHANNESBURG—De Beers SA said Thursday Barend Petersen has been appointed chief top dog of De Beers Consolidated Mines and will head ...
|
De Beers' 'Millenium Blue' sells for $6 million
Hong Kong--A 5.16-carat decorated vivid blue diamond, once part of De Beers' Millennium Jewels Whip-round, sold for $6.4 million at Sotheby's Hong Kong on ...
|
De Beers Diamond fetches £4.2m at auction
One of the De Beers Millennium Low-spirited Diamonds exceeded expectations when it went up for sale on April 7, selling for 49.94 HKD (£4.2m) at Sotheby's Hong Kong ...
|
On the whole
Pre-eminently
If Shobhaa De will the cup that cheers beer, it will become DeBeers Diamond ! @
@ Madam has deBeers Diamonds !
RT @: @ the Brits, the Dutch, the DeBeers, the West... now the Chinese carvin' what's port side up.
@ the Brits, the Dutch, the DeBeers, the West... now the Chinese carvin' what's Heraldry sinister up.
Celebration hop! Just left @ for off to @ and DeBeers 
RT @: @ lotsa lessons from DeBeers scheme/ : weak EA, community members weren't fully educated . 
RT @: @ @: Another prospect on “the” Debeers blockade of 2009.