Gray Market
/ˈɡreɪ ˌmɑːrkɪt/
Definitions
- (n.) The trade of goods through distribution channels unauthorized by the original manufacturer, often legal but outside official channels.
The company took steps to prevent the gray market sales of its products.
- (n.) An unauthorized market where imported goods are sold without the consent of the trademark owner, potentially raising legal issues on warranties and infringement.
Importing items via the gray market can lead to disputes concerning warranty coverage.
Forms
- gray market
Related terms
See also
Commentary
Gray market activities often involve complex legal distinctions between unauthorized sales and outright illegal trade; precise drafting should clarify these nuances.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.