grey markets
Legal but unauthorized
Grey markets, also spelled gray markets, are channels for selling goods that are legitimate but unauthorized by the original manufacturer or outside the intended distribution network.
Products sold this way are typically genuine—not counterfeit—but may have been imported from regions where prices are lower, or diverted from their intended retail path.
She bought the camera on the grey market for half the official price.
The term sits between white markets (fully authorized) and black markets (illegal goods), occupying a legal but ethically ambiguous middle ground.
- resaleSecond sale
- unofficialNot formally recognized
- tradesMutual swaps or crafts
- back channelsInformal secret communication routes
- importsGoods brought in
distributions · arbitrage · surplus goods · no warranty · luxury watches · designer goods · pharmaceuticals · supply chain · shadow economy · trademark violation · copyright infringement · currency fluctuations · price discrimination · licensing agreements · import restrictions · electronics · consumer electronics · global supply chains
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