why did british government regulation act?
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The regulating act of 1773 was the act of the parliament of the Great Britain intended to overhaul the management of the East India company's rule in India.
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The British Parliament found it necessary to regulate the activities of the company in India and for this, the Regulating act of 1773 was passed. Its purpose was to take a step towards removing the political power from the hands of a trading company.
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