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Article: De Bears.(De Beers mining plans retail stores)(Brief Article)
- Article from:
- Jewelers Circular Keystone
- Article date:
- April 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CAN DE BEERS OPEN RETAIL STORES WITHOUT ROUSING THE TRUSTBUTERS OR POROVOKING OTHER RETAILERS?
Meet Your De Beers Competitor:
The word is nor in any press release. It was never uttered by executives. Spokespeople delicately dance around it. But it's been on everyone's mind ever since De Beers announced its new retail venture: antitrust.
For years, the market has feared that De Beers would open up retail stores. But there was always the assumption that the law would stand in its way. After all, antitrust rules hampered the company's first forays into "branding" and even today prevent it from doing business in the United States. And yet, in ...