I mean the monopoly itself is gone, but the cultural impact it and its marketing had isn't, and so they're still sold for incredible amounts of money. Also I don't have any evidence for this, but I'd definitely be willing to bet money that the major diamond sellers of the world probably cooperate behind the scenes, fixing their prices so that they can keep them high.
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u/ubjbjbhbubk Nov 13 '21
Thank you. I always wonder how the hell they "have a monopoly" if they only control 30% of the market.