A gray market employs irregular but not necessarily illegal methods of distributing products.

Question

Quizplus · Accepted Answer

A gray market involves the distribution of products through channels that are not authorized by the manufacturer, but the methods used are not necessarily illegal. It may involve importing products from other countries where they are sold at a lower price and then reselling them in a different market. While this practice may be against the manufacturer's wishes, it is not inherently illegal.

A Gray Market Employs Irregular but Not Necessarily Illegal Methods