New York (Bluebull) – A recent study made by KPMG suggests that new computer and networking equipment worth USD 40 bln are sold cheaper on the gray market every year, leading to losses up to USD 5 bln for their producers.
The study was sponsored by an anti-gray market alliance of companies in the field, such as Hewlett-Packard and Cisco Systems. Distributors moving new equipment on the gray market break the terms of their contracts with the manufacturers, but the phenomenon is difficult to control.
