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19 September, 15:36

The classic example of a private, unregulated monopoly is: intel. de beers. general motors. general electric.

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  1. 19 September, 16:02
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    De Beers

    De Beers enjoyed dominant position and control of the diamond industry. As a result, it held control of market supply and demand dynamics and drove the diamond prices. This was as a result of massive diamond discovery in South Africa.
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