No-Deal Brexit Could Cause Grey Market Retail ‘Explosion’
PYMNTS
AUGUST 21, 2019
In the case of a no-deal Brexit, an “explosion” in grey market goods could occur per a U.K. retail expert. The term “grey market” references legitimate items sold through legal but unauthorized sellers; by contrast, a “black market” describes counterfeit products or illegally traded scarce goods, CNBC reported.
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