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From: Japanese-English Electronic Dictionary 和英電子辞書

 楽市楽座
 らくいちらくざ
 noun (common) (futsuumeishi)
 free markets and open guilds (policy enacted by daimyo in the Azuchimomoyama Period (1573-1598) that weakened the strict regulations surrounding business establishment in market places and important cities, allowing new businesses to open in Joka-machi market places)
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