You may remember Supplier of Choice. It was the De Beers policy designed to set the industry up for the post-cartel world. It billed itself as transparent, open, and objective. No longer would the Diamond Trading Company (DTC) be a closed club, it proclaimed; under the new policy, any company could apply to become a sightholder. (Executives even held webinars about how to apply.) Not that landing on De Beers’ magic list was easy. All prospective and current clients had to fill out an… …read more

Source: JCK Online Cutting Remarks – Diamond Industry News – Rob Bates