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De Beers antitrust litigation
The De Beers diamonds antitrust class action sought to end an alleged 60-year conspiracy to fix the price of rough diamonds in the U.S. by the De Beers group of companies. The litigation includes several cases including ''Hopkins v. De Beers Centenary A.G., et al.'', No. CGC-04-432954, which commenced on July 24, 2004, and ''Sullivan v. DB Investments'', No. 04-cv-02819, and earlier related cases that commenced in 2001.
== Allegations ==
The complaints charged that De Beers had created a global cartel in the markets of rough and polished diamonds – with a market share that reached nearly as high as 90% - through aggressive management of supply and prices, and collusive agreements with competitors, suppliers, and distributors. This was a quintessential antitrust violation of the Sherman Act.〔''Hopkins v. De Beers Centenary AG'', No. CGC-04-432954, 2005 WL 1020868 (Cal. Sup. Ct., Apr. 15, 2005).〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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