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Medieval people did not need permission to have a business. The market we read about that needed a charter was not an individual business, but what we might call a market place, a large area with stalls and shops for many merchants. Markets differed from fairs. Fairs were temporary, but markets were permanent places where many merchants did business.

Originally, cities had markets, and the countryside was served by temporary fairs. There were parts of the countryside that were rather far from cities, and the kings encouraged economic growth in these areas by designating certain villages to have markets, issuing decrees that they were market towns.

The people who worked in markets were not interested in having competition from other nearby markets. Kings also wanted the markets to be economically healthy, and were easily persuaded to limit the numbers of markets, so they were not too near each other. So a market required a royal charter, to protect the existing markets.

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Q: Why did people in medieval Europe need permission from the king to have a market or business?
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