De Beers Getting Into the Lab-Grown Diamond Industry

Article by MiaDonna

Our founder, Anna-Mieke Anderson, responds to De Beers getting into the lab-grown diamond industry. She shares her thoughts on them being located in Portland, Oregon, up the street from MiaDonna. And where our industry is going. 

Did you know?

De Beers has an interesting history with selling diamonds in the U.S. They have been banned from directly distributing and selling diamonds in the U.S. since 1948 and have used indirect way to sell their diamonds in the U.S. Then in 2016 they paid off a $295 million to settle a longtime antitrust lawsuit.