What is the grey/ gray market?

Are the products authentic?


(please break down the answer into simple terms)


Thank you!|||They are it's like imported products that are cheaper.|||grey products are the one which were imported without paying any taxes. in simple words, itz the market of smuggled goods. thatz y these are economical compared to originally imported products.





it is also called parallel import.





usually these products don't carry any warranty/ guaranty. sold on sell 'n' forget basis.|||I,m a sencetive person.





Grey is colour. / Gray market i dont know|||The "Grey" market is called so because things are not in "black-n-white" in this market, i.e. things are not legitimate in some way. The goods sold could either be smuggled avoiding customs duties or even pilfered/stolen at the shipment docks etc. The seller does not give any guarantees (at best personal guarantee! for what it is worth). The goods are most likely to be genuine but again, that is not assured. The one thing though, is that the goods are cheap!