Parallel Imports, A Global Phenomenon,And a Very Grey Area Regarding International Trade

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At the core of the definition, a Parallel import is a non-counterfeit product imported from another country without the permission of the intellectual property owner. They are also goods that are not authorized for importation into the U.S. It’s a global phenomenon, a very grey area, and their presence varies across different parts of the globe. For example, in the European Union, parallel imports are generally allowed, while in the United States, they are prohibited.