De Beers’ most formidable opponent was not another diamond company, but rather the U.S. Justice Department. Constantly faced with Anti-trust regulations, De Beers managed to elude all charges over the course of thirty years, by selling only indirectly to the U.S. All their business went through London first...
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All their business went through London first. As De Beers’ supply chain indicates (Exhibit 1), their relationship with U.S. diamond dealers and the U.S. government is unique among international companies as they remain at arms length from the U.S. with the intent to keep the government at bay. That relationship came to a halt when the U...
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Debeers However many buyers refrained from buying directly from the Soviet Government in fear of being prohibited from buying from De Beers in the future. As the market fluctuated, and prices went up and down, De Beers needed to find a solid demographic...	4 / 842
Blood Diamonds -Although the United Nations first identified the conflict diamond issue in 1998 as a source of funding for war , it was the diamond industry that took steps to address the conflict diamond issue by convening a meeting to plan a process by which diamond origin could be certified...	1 / 263
Conflict Diamonds Any country can become a member of the Kimberley Process just by sending a letter to the organization's president, currently, the European Commission. Whether or not the country meets the standards of the Kimberley Process, it can still become a member...	2 / 473
Debeers De Beers’ most formidable opponent was not another diamond company, but rather the U.S. Justice Department. Constantly faced with Anti-trust regulations, De Beers managed to elude all charges over the course of thirty years, by selling only indirectly to the U...	3 / 785