About two-thirds of the global diamond trade is controlled by this South African conglomerate:

Name: About two-thirds of the global diamond trade is controlled by this South African conglomerate:
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De Beers is a South African conglomerate that is known for controlling about two-thirds of the world's diamond trade. Tiffany's, De Pauls, Kay's, and Blue Nile are all jewelry retailers but do not have control over the global diamond trade like De Beers does.

About Two-Thirds of the Global Diamond Trade Is Controlled by This