Diamonds equal money?

January 10, 2008 2:09:26 PM PST
A series of lawsuits allege the diamond mining company DeBeers monopolized the rough diamond market, charged anti-competitive prices, and disseminated false and misleading advertising. Now DeBeers is settling. A series of lawsuits allege the diamond mining company DeBeers monopolized the rough diamond market, charged anti-competitive prices, and disseminated false and misleading advertising. Now DeBeers is settling.

If you bought diamonds or any kind of diamond jewelry from any retailer between January 1st, 1994 to March 31st, 2006, file a claim for a cash payment from the proposed 295-million-dollar settlement fund. The deadline is May 19th of this year.

For more information, call 1-800-760-5431 or click herefor a direct link to the diamonds class action website.

The Federal Communications Commission is investigating whether Comcast interferes with internet traffic.

Complaints allege the company blocked certain programs that let you download and share large files.

Comcast denies that it blocks the programs - but has acknowledged that it was quote - delaying - some of the traffic between computers that share files. The company has said it was necessary to improve the surfing experience for the majority of its subscribers. Consumer advocates say this raises a larger issue about internet providers censoring or controlling internet content - They're concerned companies may be blocking other online programs or activity used by their subscribers.


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