The diamond industry is an oligopoly, or an industry dominated by a small number of large businesses.
One-carat diamonds once valued at $60,000 sold for $12,000. Bankruptcies, closings, and reorganizations sent shock waves through the industry.
The diamond company monopoly can limit competition, control prices, and restrict supply in the global diamond industry and market. This can lead to higher prices for consumers and less innovation in the industry.
What is the main industry in Washington?
Legends of the Diamond happened in 1992.
Diamond Rock happened in 1805.
Diamond Crush happened in 2006.
Battle of the Diamond happened in 1795.
Dion Dublin, Michael Owen and Chris Sutton shared that accolade with 18 goals.
Industries consume about 75% of the diamond industry's production, annually.
Diamonds are an important industry in Belgium, however no diamond mines exist there.
In the music industry, yes.