Explore a variety of mediums to alter Monopoly houses and hotels and transform these little game pieces into wearable jewelry. Learn beginning skills to make earrings and pendants or expand on existing skills in a creative environment. $12 Adults (14+)
These two companies were major factors in ending the De Beers monopoly and still to this day are huge competitors for the company. Realizing their loss, De Beers decided to focus less on the control of the market, but more on their brand and retail stores. This ended their monopoly status of the diamond market, going from 80% stake to closer to 35%.
Investigation
The investigation centers on the Stipulation of Self-Regulatory Pricing of Gold and Platinum Jewelry in Shanghai adopted by SGJTA. According to Article 5, 7 and 8 of the Stipulation, the price of gold and platinum jewelry sold by the member companies shall be within the 2% to 3% range of the middle price set by the association.
Certainly the gasoline retail business comes nearer to being affected with the public interest than the sale of watches, yet the gasoline business is expressly held not to be affected with a public interest. There would be more adequate reason for the regulation of the price of a hair-cut or a shave than the price of a watch, because in our society gasoline, hair-cuts and shaves tend to be more purchased and of necessity than a watch, which is generally a "once in a lifetime commodity". So considered it must follow that the sale of jewelry, watches, and related items is not so affected with the public interest as to allow a curtailing of *799 free competition and the right to contract by price setting among retailers by the manufacturer.
It has been held that for an occupation or business to be affected with the "public interest" the community at large must have some pecuniary or legal interest in the manner in which the business or occupation is conducted; or the person so engaged therein must have a virtual monopoly or an oligopoly in the business; or the business or occupation must have been conducted in such a manner as to cause the public to adapt their affairs to the methods utilized. (See Vol. 5, Words & Phrases, "Business Affected with Public Interest", p. 1018).
Once upon a time, everyone bought a class ring that looked like everyone else's. Ring dealers say the clunky piece of jewelry took a completely different turn in the 1970s. That's when local jewelry outlets began offering their own merchandise to compete with the larger, national companies that had a monopoly in schools.
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