gray market (Meaning)

Wordnet

gray market (n)

an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency

The gray market undermines the official distribution channels, creating an unfair advantage for some businesses.
Counterfeit goods flood the gray market, posing risks to consumers and damaging legitimate brands.
Companies monitor the gray market to protect their intellectual property and prevent unauthorized resales.
Gray market products may be cheaper than official products, but they often lack warranty coverage or customer support.
Governments regulate the gray market to ensure consumer safety and prevent illegal activities.
The pharmaceutical industry faces challenges from the gray market, which distributes unauthorized and potentially dangerous drugs.
Luxury goods are commonly sold on the gray market, where high demand creates opportunities for unauthorized resalers.
Online marketplaces facilitate the growth of the gray market, making unauthorized distribution more accessible.
The gray market creates a parallel distribution system that challenges the traditional supply chain.
Businesses must stay vigilant against the gray market to protect their brands, revenue, and consumer trust.

an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency

black market, free trade, trade, business,traffic, commerce, marketplace, retailing, merchandising, horse-trading

No antonyms found.

The gray market undermines the official distribution channels, creating an unfair advantage for some businesses.

Counterfeit goods flood the gray market, posing risks to consumers and damaging legitimate brands.

Companies monitor the gray market to protect their intellectual property and prevent unauthorized resales.

Gray market products may be cheaper than official products, but they often lack warranty coverage or customer support.