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black markets

  • plural
    of black market.
    black market
    noun
    the illicit buying and selling of goods in violation of legal price controls, rationing, etc.

Example Sentences

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This large fish is targeted because its swim bladder commands high prices on international black markets.

From Science Daily Jun. 17, 2026

North Korea’s pre-Covid economy had increasingly centered on black markets selling goods smuggled from China or under-the-table local goods—and with it the rise of a “donju” merchant class who made their wealth outside state control.

From The Wall Street Journal Jun. 8, 2026

Contracts are unenforceable and production leaks into black markets.

From MarketWatch Jan. 8, 2026

But monitors say the conflict has supercharged black markets -- with a weak central government, industrial infrastructure destroyed by fighting, and soaring poverty spiking desperation.

From Barron's Dec. 3, 2025

Everybody did it—that’s why the black markets had wheat and rice for sale.

From "A Place to Belong" by Cynthia Kadohata

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