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DIAMOND CARTEL [1 record]

Record 1 1998-03-18

English

Subject field(s)
  • Private-Sector Bodies and Committees
  • Precious Stones (Mining)
OBS

The crisis of oversupply and weak demand of diamonds during the Great Depression led to the formation of the Central Selling Organization (CSO). The CSO is a group of companies associated with De Beers Consolidated Mines and De Beers Centenary AG to purchase, sort, evaluate, and market rough diamonds. Gem quality diamonds are sold through the Diamond Trading Company and industrial-grade material through De Beers Industrial Diamond Division. The CSO is also known as the Diamond Cartel.

French

Domaine(s)
  • Organismes et comités du secteur privé
  • Exploitation de pierres précieuses
OBS

Le groupe minier l'Anglo American, par le biais de sa filiale De Beers, exerce une domination sans partage sur le marché du diamant. Non seulement le groupe produit du diamant, mais par le biais de son bureau de vente CSO (Central Selling Organization, organisation centrale de vente), il a longtemps exercé un quasi-monopole sur sa commercialisation et en contrôle aujourd'hui encore un bon tiers.

Key term(s)
  • organisation centrale de vente

Spanish

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