Fly-by-night operators, out to make quick bucks, are the people who benefit from the grey market.
In fact, some large businesses from the organised sector are also dabbling in grey market, thereby throwing their ethics to the wind.
Since April, FinancialSpreads has been offering clients a grey market which is based on Alibaba's market capitalisation at the end of its first day of trading on the New York Stock Exchange.
The grey market on the Chinese ecommerce giant originally opened at 180 - 190 points, where each point is $1bn.
Since April our grey market has traded around the $200bn mark, but over the last week it's jumped up 10% to $220bn.
In addition to working with law enforcement officials, Xerox also conducts partner training to help the channel improve their knowledge of the grey market and its disadvantages to their customers.
The size of the grey market globally has been reported to be between $3.
China's grey market in Apple products developed to satisfy demand for the iPhone, which only officially went on sale in the Asian giant in October -- more than two years after its US launch.
An Apple spokeswoman contacted by news agency would not comment on grey market sales, which are fuelled by the fact that the iPad is not currently available through official Apple stores outside the United States.
There are some very grey markets, where the mechanisms of diversion are extremely difficult to fight," acknowledged Mr.
And when companies are struggling, they often look for a quick fix to the problem, such as the grey market.
The world's most right-on brands are outraged by supermarkets sourcing from the grey market.
But with the growth of the legitimate end of the grey market, Supermarkets are now buying brands from third parties, selling them at discount prices, and claiming it's all part of a crusade on behalf of the consumer.
Grey market products are branded products diverted from an authorised distribution channel or imported into another country, most probably without the knowledge or consent of the manufacturer or brand owner.
The grey market crosses national borders and is particularly vigorous where pricing differences in national markets encourage importers to move low-priced products into high-priced markets - against the wishes and plans of the brand owner.