The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

GRAY MARKET Definition & Legal Meaning

Definition & Citations:

1. Selling in unauthorized sales-territory, or using unauthorized dealers in an authorized territory. Undercutting authorized sales territories and authorized dealers with prices lower than wholesale or distributor charges. Shady market of genuine branded goods, known as ‘gray goods’. 2. Consumer market targeting those more than 60 years old.

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