Analysts also believe that the stringent government regulations can also boost grey market trade
especially across countries where corruption, bureaucracy and monopolies are a given.
Summary: DUBAI - Al Futtaim Motors has formed dealer council to support dealer network and also curb grey market trade
in genuine Toyota and Lexus parts.
These formal suppliers have always worked alongside an informal grey market trade
, with Haitians with means to travel to the United States and Europe often purchasing perfume, makeup and other beauty products overseas where the prices are considerably lower than in the small number of Haitian shops carrying these lines.
It can also be used to track products throughout the logistics chain to counteract grey market trade
and integrate customer retention and interaction programmes.
Moreover, many suppliers have also failed to establish a consistent approach to pricing in international negotiations, which has in turn fuelled grey market trade
and strained relationships.