private monopolization; private monopoly
Legal and economic term, often used in the context of antitrust law (独占禁止法). Refers to a situation where a private enterprise controls a market, excluding or controlling the business activities of other enterprises.
Private monopolization is regulated by the Antimonopoly Act.
The company was judged to be in a state of private monopoly in the market.
Compound of 私的 (private) + 独占 (monopoly). The term is a direct translation of the English legal concept 'private monopolization' and is primarily used in Japanese antitrust law.