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Federal judge dismisses antitrust claim against De Beers Diamond

( January 6, 2014, 23:31 GMT | Official Statement) -- MLex Summary: US District Judge Kimba M. Wood granted the renewed motion to dismiss the antitrust claim by the bankruptcy trustee for W.B. David's alleging De Beers attempted to monopolize the rough diamond market. Wood found that the complaint failed to conclusively show evidence of a conspiracy and that De Beers’ sight system was not an anticompetitive restraint of trade. See document below. ...

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