Examlex
Define the following terms: September 11, 2001
Gray Markets
A marketplace where products are sold through unauthorized channels, which, while not illegal, are unofficial and unauthorized by the original manufacturer.
Brand Licensing
A legal authorization by a brand owner allowing another company to use its brand, logo, or product names for a specified purpose and period.
Local
Relating to or occurring in a particular area, community, or locality; often used to emphasize the importance of community-based or region-specific characteristics.
Reterritorialization
The process by which a space or territory is reorganized and redefined, often in response to social, cultural, or economic changes.
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