Diamond Ruby Fashion Jewellery Erring.

Diamond Ruby Fashion Jewellery Erring.

By Stone.

That monopoly had ended by 2005, following an antitrust lawsuit in the US (which De Beers settled without admitting wrongdoing, upon payment of a US$295 million settlement), and a voluntary agreement between De Beers and the European Commission.The latter agreement had been overturned upon appeal by the Russian mining company Alrosa, but the European Court of Justice then upheld the decision and the European Commission subsequently concluded its investigation with no more action being taken against De Beers.