Why Eye Glasses are so Expensive: A Monopoly disguised by subsets of different brand names

[BBQ]

It’s not that dramatic; they’re just in De Beers vaults, not in the ocean. De Beers at one point owned 90% of the diamond mines in the world and restricted production to drive up prices. (And, at least until recently, the smaller players were pretty ok with this since they could sell at the higher prices too.) They’ve actually plead guilty to fixing the price of industrial diamonds ('94) and settled a class-action suit over gem-quality diamonds ('06).

LOL, I just heard it through the grape vine(I’m drunk ATM) but yeah good shit if that got resolved in 06’. You got some good information, can you hook a brother up with some blood diamonds?