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North American Network Operators Group Date Prev | Date Next | Date Index | Thread Index | Author Index | Historical Re: Allocation of IP Addresses
Jim Browning writes: > DeBeers has controlled (or at least significantly influenced) the price of > diamonds for decades, ensuring that they appreciate in value by controlling > supply, and by buying diamonds on the wholesale market to keep the price up > (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 may > 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... .pm
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