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How did the De Beers cartel try to maintain control of the price in the diamond market? De Beers kept their price high by limiting

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How did the De Beers cartel try to maintain control of the price in the diamond market? De Beers kept their price high by limiting the sup- ply of rough diamonds mined elsewhere. The company withheld dia- monds from the market when necessary to maintain the price-acting as a price maker. De Beers also used marketing efforts to shore up de- mand for diamonds

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