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At its height for most of this century it not only either directly owned or controlled all the diamond mines in southern Africa but also owned diamond trading companies in England Portugal Israel Belgium Holland and Switzerland De Beers proved to be the most successful cartel arrangement in the annals of modern commerce
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#0183 #32 At the height of its power the De Beers corporation controlled over 90% of the world s diamonds The company made use of South Africa s segregated
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