Quote:
Originally Posted by evileeyore
Not really considering that the diamond market is a monopoly and De Beers has more diamonds than they could sell in 100 years.
|
De Beers market share has plummeted in very recent years, but in any case no they do not control the jewelry outlet market and the only way they could strictly prevent synthetic diamonds from being sold would be undercutting prices - which is antithetical to their basic business model.
Not that they aren't actively working on keeping synthetics from being treated as socially valid substitutes to mined stones.