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Grey Market Evaluation

Grey Market Evaluation

Grey market is great threat for manufacturer companies. According to a website who keep an eye on business streams - ‘The grey market has become very active over the last years following big listing day gains in many companies.’ In US pharmaceutical companies waging a legal battle against this type of crime. In this forgery sometime companies distributors/resellers make their profit to buy or sell products from/to grey market. In 2001, the European Court of Justice ruled that grey market products are legal for resale in the E.U., provided that the equipment was originally sold by the manufacturer inside the E.U. However, in November 2016, the U.K. Supreme Court ruled that the distribution of grey market goods without the consent of the brand owner is a criminal offense.

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