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Court of appeals says De Beers price-fixing case can be settled

By Can Celik ( December 20, 2011, 22:25 GMT | Insight) -- A federal court of appeals in Pennsylvania today has approved a lower court’s ruling allowing the settlement of separate direct- and indirect-purchaser classes that claimed De Beers illegally used its monopoly power to make a higher profit on diamonds.Washington – A federal court of appeals in Pennsylvania today has approved a lower court’s ruling allowing the settlement of separate direct- and indirect-purchaser classes that claimed De Beers illegally used its monopoly power to make a higher profit on diamonds....

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