De Beers Diamond Antitrust Suit Nixed Again
U.S. District Judge Kimba M. Wood ruled that the bankruptcy trustee for W.B. David, a New York-based diamond cutter and reseller, hadn't brought a claim on which relief could be granted under the antitrust laws.
The trustee, Angela Tese-Milner, had argued that the system De Beers used to distribute diamonds to its authorized resellers, known...
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