Page 53 - Articles Written by JGJ EF DPS

Positive

Grey market goods however force product prices down because the
movement of grey market goods zeros out arbitrage opportunities.
Moreover, as local manufacturers face competition from imported grey
goods, they have to bring prices down to stay competitive in the market
place. This could be seen as a method of smoothing global pricing.

Timeline of SE Case

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The first interaction with SE occurred on the 16 of June 2016. Having
Googled GoPro cameras, one of the suppliers produced was Simply
Electronics Limited (Diagram 3).

Diagram 3

To all intents and purposes the web site (Diagram 3) appeared to be a
normal British web site for a British company selling well known branded
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products. With the order placed on the 18 of June notification was
received from Skrill, SE’s vehicle for processing payments that payment
had been taken successfully (Diagram 4).