Другими словами, при наличие серого

Другими словами, при наличие серого рынка, предприниматель не уверен в своих частных правах, следовательно он вынужден учитывать также интересы чиновников.

Results (English) 1:

In other words, the presence of the gray market, the entrepreneur is not sure of their private rights, therefore he has to take into account the interests of officials.

Results (English) 2:

In other words, in the presence of the gray market, the entrepreneur is not sure of his individual rights, therefore he has to take into account the interests of officials.

Results (English) 3:

In other words, in the presence of the gray market, the entrepreneur is not confident in their private rights, therefore he was obliged to take account of the interests of government officials.