9 pages (2250 words)
, Case Study
The De Beers Cartel is a organization that mines diamonds , which was set up by the South African mining magnate, Sir Ernest Oppenheimer, in 1934 ( Stefan 1993 p 5) . Over eighty percent of world sales of rough diamonds are on account of this marketer. One mine in this cartel is the Venetia Diamond Mine, South Africa's largest diamond producer, and the centre of De Beers' investments.