United Kingdom šŸ‡¬šŸ‡§: The phrase ā€œblack marketā€ should not be used because it is racist, according to guidance from ā€œUK financeā€ (a lobby group representing the interests of British banks and financial services)

The guidance suggests replacing ā€œblack marketā€ with ā€œillegal marketā€ to avoid racial prejudice or discrimination.

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Calling it "illegal market" will mean the person saying it is also admitting it's illegal.

Let's call it white market instead.