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Absolutely not. Its not even immoral. Grey market refers to third parties buying a good in country A to resell in country B. As long as they pay the import lev
by thsksbd 3y ago
Absolutely not. Its not even immoral.
Grey market refers to third parties buying a good in country A to resell in country B. As long as they pay the import levies the good is 100% legal.
Manufacturers (phones, cameras, books) hate this because they want to charge some markets more than others. Book publishers, in particular, tried to use the courts to ban this as a violation of copyright only to get laughed out of court because the seller loses all rights towards an item when it is sold
Ultimately it is free market capitalism in reverse. Which is ironic, of course, because your phone manufacturer would have an aneurism if their ability to use cheap foreign slave labor were curtailed
- tbrownaw 3y ago> Ultimately it is free market capitalism in reverse. Where exactly does the "reverse" come in?
- thsksbd 3y agoReversing the roles of the players. Typically the little guy gets crushed by capital's freedom to flow. In this case, it's the little guy that exploits the freedom of goods (ie low tariffs) to avoid the big guy's power.