One important source of challenge to De Beers' control of the diamond market is
A)the additional market supply from Russia, Australia, and Canada
B)the emerging auction markets for diamonds in France and Spain
C)the growing demand for diamonds in industrial uses
D)that its South African mines are not producing as many diamonds as they did decades ago
E)antitrust legislation in the United States

Question

Quizplus · Accepted Answer

The additional market supply from Russia, Australia, and Canada is an important source of challenge to De Beers' control of the diamond market because it is increasing competition and decreasing De Beers' market share.

One Important Source of Challenge to De Beers' Control of the Diamond