Question

the East India company lost its monopoly trading privileges in ______________​

Answer 1

Answer: lost in 1813.

Explanation: The company's possessions in India were subsequently managed by a British governor general, and it gradually lost political and economic autonomy. The parliamentary acts of 1813 ended the East India Company's trade monopoly, and in 1834 it was transformed into a managing agency for the British government of India.

Answer 2

In 1773, the British government passed the Regulating Act to rein in the company. ... The parliamentary acts of 1813 ended the East India Company's trade monopoly, and in 1834 it was transformed into a managing agency for the British government of India.