noun
monopoly enterprise
Historical term for a business granted exclusive rights to sell a product, often by government license. Used in pre-modern and early modern contexts.
江戸時代には、専売事業として塩やたばこの販売が許可されていた。
In the Edo period, the sale of salt and tobacco was permitted as monopoly enterprises.
独占企業 is the modern term for a monopoly company, while 専売事業 is a historical term for a government-licensed monopoly business.
Compound of 専売 (monopoly) and 事業 (enterprise). The exact historical derivation is uncertain; the term is associated with pre-modern Japanese economic systems.