China Fire Bulletin Issue #1 September 2014 | Page 24

MARKET INTEGRITY 商业信誉 and best possible service and support for the customers. In addition, by addressing unauthorized gray market activity, a level playing field is created for authorized distribution partners. Once products become diverted, they are often misrepresented and unsuspecting customers have no assurance that the products they're buying are new, genuine, and will be supported with warranty and qualified service when necessary. What are the goals of this new CFB column? ● To protect the authorized distribution channels and intellectual property of authorized goods in order to improve customer satisfaction and preserve brand integrity. ● To achieve these goals, CFB will engage in the following activities: ○ Promote channel compliance and risk assurance ○ Develop and encourage industry best practices for brand protection and related issues Investigate all legal avenues to deter criminal activities that feed gray market and counterfeit goods ○ Educate the industry, customers, investors, and other stakeholders ○ ○ Enlist decision makers, manufacturers, and other stakeholders Gray Market FAQ What is gray marketing or illegal brokering? The gray market is the unauthorized sale of new, branded products diverted from authorized distribution channels or imported into the country for sale without the consent or knowledge of the manufacturer. It is the unauthorized sale or improper diversion of new products obtained under deceptive circumstances. This would mean new, branded products being diverted from authorized distribution channels or imported into the country without permission of the original manufacturer. Isn't the gray market fuel Y