"parallel import" is correct and usable in written English.
You can use it when referring to goods that have been imported without permission from the manufacturer or copyright holder. For example, "The store was selling illegal, parallel imports of cosmetics".
First, anyone who buys a cheaper parallel import would otherwise have paid the full price for the same brand.
Economist Ian Harper and head of the review has proposed removing parallel import restrictions which give Australian copyright owners the right to control the distribution of their products in Australia.
During that time they collect the data on what Greek domestic demand is and what demand bound for the U.K. parallel import market is, and then limit Greek supplies accordingly.
However, the elation was short-lived: at the news conference following PhRMA's decision to withdraw its legal challenge, the South African minister of health announced that the drugs remained too expensive to parallel import or to manufacture locally.
In the late 1990s South Africa lobbied with Brazilian activists and members of civil society in the global north to successfully challenge large pharmaceutical companies' insistence that the country should not be allowed to parallel import generic medications.
In brief, the act contained provisions that would make it possible for the South African government to parallel import ARVs from abroad and to issue compulsory licenses to local pharmaceutical manufacturers to produce generic AIDS drugs at a fraction of what it would cost to purchase such drugs from their foreign patent holders.
Parallel imports are of particular importance in meeting public health needs since the pharmaceutical industry generally sets differential prices globally for the same medicine.
Parallel imports can damage a brand's value and the profits go to the importer.
The market for parallel imports is worth £700m annually in Britain alone.
"No, we're not asking for a ban on parallel imports or compulsory licensing," said Jacqueline Wallace, a Roche press spokeswoman.
Many retailers, even well-known chains, love the idea of parallel imports, which allow them to lure customers with bargains.
