Parallel Imports: How the Grey Market Turns Savings into a Supplier Dilemma

Grey market or parallel imports is a quite curious and controversial concept in the contemporary international market. However, suppose that you buy a real iPhone or a good perfume that is going to be sold somewhere in another country, at a lower price in a non-officials shop. That's a parallel import. It is not a fake one, yet it has not been sold through the official channels of the company. It is the combination of two powerful ideas, that of free trade and the protection of intellectual...