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The De Beers diamonds antitrust class action sought to end an alleged 60-year conspiracy to fix the price of rough diamonds in the U.S. by the De Beers group of companies. The litigation includes several cases including Hopkins v. De Beers Centenary A.G., et al., No. CGC-04-432954, which commenced on July 24, 2004, and Sullivan v.
The huge diamond is steeped in history and controversy over how it came to be in the possession of British royalty
Last year, revenue from sales of its lab-grown diamonds reached 265 million Danish Krone ($38.5 million) and by 2026 the Danish retailer is aiming to bring in the billions.
The key difference between lab-grown and natural diamonds is their origins: Natural diamonds take billions of years to form, and lab-grown diamonds can be created in a matter of weeks.
The largest markets are USA (about half), China and India. [3] As of 2017 larger diamonds had appreciated in value since 2008 more than smaller ones. [4] [5] In early 2025 diamond prices had dropped significantly from a peak in 2022; prices of natural gems in shops dropped by 26% by the beginning of 2025.
Blood diamonds (also called conflict diamonds, brown diamonds, hot diamonds, or red diamonds) are diamonds mined in a war zone and sold to finance an insurgency, an invading army's war efforts, terrorism, or a warlord's activity. The term is used to highlight the negative consequences of the diamond trade in certain areas, or to label an ...
The huge diamond is steeped in history and controversy over how it came to be in the possession of British ... 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in.
Diamond v. Chakrabarty, 447 U.S. 303 (1980), was a United States Supreme Court case dealing with whether living organisms can be patented.Writing for a five-justice majority, Chief Justice Warren E. Burger held that human-made bacteria could be patented under the patent laws of the United States because such an invention constituted a "manufacture" or "composition of matter".