How did the acquisition of charter from the ruler of England, Queen Elizabeth I benefit the East India Company?
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How did the acquisition of charter from the ruler of England, Queen Elizabeth I benefit the East India Company?
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In 1600, the East India Company acquired a charter from the ruler of England, Queen Elizabeth I, granting it the sole right to trade with the East. ... The royal charter, however, could not prevent other European powers from entering the Eastern markets.
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