One reason DeBeers has lost some of its monopoly power is:
A)government regulations.
B)competition from Canadian and Russian diamond mines.
C)pressure from consumers.
D)All of these statements are true.

Question

Quizplus · Accepted Answer

All three options have contributed to DeBeers losing some of its monopoly power. Governments have intervened to ensure fair competition and prevent monopoly abuse. Canada and Russia have emerged as strong competitors with their own diamond mines. Additionally, consumer pressure for ethically sourced diamonds has caused DeBeers to adapt and evolve its practices.

One Reason DeBeers Has Lost Some of Its Monopoly Power