Settlement of a class action suit against De Beers.

Companies that bought diamonds from De Beers between 1994 and 2006 paid higher prices than they would have in a truly competitive open market.

The DMIA had played a significant role in bringing the suit to a successful conclusion by filing papers in favour of the settlement of a class action suit against De Beers.

It is a milestone moment. And normalises business for De Beers in America.

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