The East India Company when granted a monopoly in trade with the East by Queen Elizabeth
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Charter granted to the East India Company. Queen Elizabeth of England grants a formal charter to the London merchants trading to the East Indies, hoping to break the Dutch monopoly of the spice trade in what is now Indonesia
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The English East India Company operated for 274 years, starting from 1600 when a Charter was granted by Queen Elizabeth I, giving The Company the monopoly to undertake trading expeditions to the East Indies. The Company's life ended in 1874, sixteen years after the end of the Indian Mutiny in 1858.
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