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The Diamond Empire: Oppenheimer family's cartel, Artificial scarcity (1994)
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De Beers is able to create an artificial scarcity of diamonds through its wholly-owned Central Selling Organization (CSO), thus keeping prices high. http://en.wikipedia.org/wiki/Cartels A cartel is a group of formally independent producers whose goal is to increase their collective profits by means...
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De, Beers, is, able, to, create, an, artificial, scarcity, of, diamonds, through, its, wholly-owned, Central, Selling, Organization, CSO, thus, keeping, prices, highhttpenwikipediaorgwikiCartelsA, cartel, is, a, group, of, formally, independent, producers, whose, goal, is, to, increase, their, collective, profits, by, means
De, Beers, is, able, to, create, an, artificial, scarcity, of, diamonds, through, its, wholly-owned, Central, Selling, Organization, CSO, thus, keeping, prices, highhttpenwikipediaorgwikiCartelsA, cartel, is, a, group, of, formally, independent, producers, whose, goal, is, to, increase, their, collective, profits, by, means
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