Dumb lawsuit. De Beers has always controlled the price of Diamonds - that's what they do. Diamonds aren't as rare a commodity in South Africa as De Beers would make you think. They practically have Warehouses full of the damn things and only release a certain amount onto the market - to control the price. If every diamond mined was instantly made available on the market - rather than sitting in a warehouse somewhere for 50 years, Diamonds would be practically worthless.