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What is black marketing?

Updated: 12/20/2022
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11y ago

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An underground, unofficial, secret and probably illegal commercial network. It could involve the sale of stolen goods, illegal drugs or other prohibited substances. In China there is a black market trade in body parts of endangered animals, such as rhinosceros horns. In the USA there has for years been a black market trade in Cuban cigars, forbidden by their trade embargo with Cuba.

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Riley Wolf

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2y ago
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11y ago

The 'black market' is an unauthorised and uncontrolled and usually illict trade in any particular goods or services. It is a trade where no taxes or tariffs are paid and where legal limitations (such as on quality, or age of purchasers) are ignored.

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