The DeBeers Company of South Africa was able to block competition through

Question

Quizplus · Accepted Answer

The DeBeers Company of South Africa was able to block competition by owning an essential input, which was the supply of diamonds from their mines. DeBeers controlled the majority of the world's diamond production, which allowed them to control the supply and price of diamonds. This made it difficult for competitors to enter the market and gain a foothold.

The DeBeers Company of South Africa Was Able to Block