Virtual Monopoly facts
While investigating facts about Virtual Monopoly, I found out little known, but curios details like:
After the Great Depression, the Da Beers group held a virtual monopoly in the diamond industry and stockpiled diamonds, but kept supply in the market low to sell them up to 200% more than the wholesale price and is the reason diamonds are still expensive today.
The East India Company hired a botanist, Robert Fortune, to go on covert missions disguised as a Chinese merchant to smuggle tea plants from China in order to disrupt the virtual monopoly they had on one of the most lucrative export markets of that time.
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across. Here are 5 of the best facts about Virtual Monopoly I managed to collect.
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The head of the promo company for McDonald's Monopoly stole virtually every large prize for 6 years, worth nearly 20 million dollars. When convicted, he only got sentenced to 4 years.
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The iconic 1980's watch brand 'swatch' is owned by 'The Swatch Group' - a multi billion dollar holding company for several high end watch manufacturers including 'ETA' - the Largest Manufacturer Of Swiss Watch Movements who control a virtual monopoly on swiss watch movements.
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About France's exploitation of their former African colonies. On achieving independence the former colonies were legally bound to deposit 85% of their foreign reserves to France annually and give the French virtual monopolies on all natural resources.
