abhishreshthaa
Abhijeet S
Gray Markets
The term gray or black market – refers to the distribution of trademarked products in a country by unauthorized persons.
Gray marketers sell at prices that undercut those set by the legitimate importers.
This practice is known as parallel importing.
It flourishes when a product is in short supply or when producers attempt to set high prices.
The term gray or black market – refers to the distribution of trademarked products in a country by unauthorized persons.
Gray marketers sell at prices that undercut those set by the legitimate importers.
This practice is known as parallel importing.
It flourishes when a product is in short supply or when producers attempt to set high prices.