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The East India Company (EIC) [a] (1600–1874) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. [4] It was formed to trade in the Indian Ocean region, initially with the East Indies (South Asia and Southeast Asia), and later with East Asia.
Nov 9, 2024 · East India Company, English company formed for the exploitation of trade with East and Southeast Asia and India, incorporated by royal charter on December 31, 1600. Starting as a monopolistic trading body, the company became involved in politics and acted as an agent of British imperialism in India from the early 18th century to the mid-19th ...
- The Editors of Encyclopaedia Britannica
- A Trade Giant
- Increasing Criticism
- Increasing Regulation
Founded in 1600 by royal charter, the East India Company was established as a joint-stock trading company to exploit opportunities east of the Cape of Good Hope where it was granted a trade monopoly. Crucially, to conduct this trade, the EIC was permitted to 'wage war'. Although the EIC did not hold sovereignty in its areas of operation, it was per...
The EIC had many enemies, not only rival European trading companies and rulers in India but also back in Britain. It was criticised for its monopolies, harsh trading terms, and corruption. The company's trade was so large it was responsible for a serious drain of Britain's stock of silver. Its directors returned to England with vast new wealth that...
1773 Regulating Act One of the first ominous signs for the EIC directors that their long process of enrichment might be coming to an end involved the return of Robert Clive (1725-1774) to England. With rumours rife that the former Governor of Bengal's vast riches had largely been gained through corruption, Parliament set up an inquiry into Clive's ...
- Mark Cartwright
Sep 27, 2022 · A royal charter created the English East India Company on 31 December 1600 as a limited joint stock company (people invested capital and received part of the profits) managed by a group of 215 merchants and investors headed by the Earl of Cumberland.
- Mark Cartwright
- The East India Company (EIC) was a British trading company that established trade 'factories' in India and elsewhere in Asia before conquering terr...
- The East India Company was owned by a number of private shareholders ranging from the very rich to small investors.
- The East India Company was so powerful because it had a trade monopoly with India and China. The company could pay for a large army to take new ter...
- The East India Company does not exist today. It became part of the British Empire in 1858 and was formally dissolved by the British Parliament in 1...
Dec 31, 2019 · The British East India Company which was eventually led by one of the Rothschilds, was unquestionably the greatest criminal enterprise in the history of the world, and the vehicle used to loot India to the bones.
Feb 2, 2023 · What happened to the East India Company? The British East India Company was a trading company founded in 1600. It controlled most of India by the mid-19th century but was then taken over by the British Crown and formally dissolved in 1874.
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Eight years after gaining its charter, the East India Company founded its first permanent settlement in India - Fort St. George on the Bay of Bengal. At the time, England was just one of several European countries vying to dominate trade with the East Indies.
