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Doesn't everyone in every industry lose if they go into a price war? But they do it anyways. I'm not trying to be argumentative, I just sincerely don't understa
by imh 10y ago
Doesn't everyone in every industry lose if they go into a price war? But they do it anyways. I'm not trying to be argumentative, I just sincerely don't understand what makes diamonds different from other products.
- fosk 10y agoSmall number of players, and high barriers to entry the diamond market that prevents that number from growing and disrupt the cartel.