The classic example of a private, unregulated monopoly is: intel. de beers. general motors. general electric.

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Social Studies

Adolfo Briggs

5 September, 20:25

The classic example of a private, unregulated monopoly is: intel. de beers. general motors. general electric.

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Emmanuel Garrett · Answer 1

De Beers

De Beers enjoyed dominant position and control of the diamond industry. As a result, it held control of market supply and demand dynamics and drove the diamond prices. This was as a result of massive diamond discovery in South Africa.