North American Network Operators Group

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RE: Allocation of IP Addresses

  • From: Jim Browning
  • Date: Fri Mar 15 17:40:09 1996
  • Encoding: 27 TEXT

>From:  Perry E. Metzger[SMTP:[email protected]]
>Jim Browning writes:
>> DeBeers has controlled (or at least significantly influenced) the price 
>> diamonds for decades, ensuring that they appreciate in value by 
>> supply, and by buying diamonds on the wholesale market to keep the price 
>> (similar to what countries do to protect their currencies).  They could
>> flood the market at any time, driving the price down dramatically.  Of
>> course this isn't in their best interest, so they won't do it.  However
>> Russia might, as they have stockpiled large quantities of diamonds, and 
>> not have the same goal as DeBeers...
>So in what way is this a demonstration of a monopoly able to
>arbitrarily raise prices? What you've shown is that someone might be
>able to arbitrarily drop prices...

The price has been artificially raised through the years by controlling 
supply, and it is only a government (the former USSR) which has (to the 
best of my knowledge) threatened DeBeers control.
Jim Browning