Why did the East India Company not fear others for competition in trade in 1600 A.D?
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ᴛʜᴇ ʙʀɪᴛɪsʜ ʜᴀᴅ ᴍᴏᴅᴇʀɴ ᴍᴜsᴋᴇᴛs ᴀɴᴅ ᴄᴀɴɴᴏɴ ᴡᴇʀᴇ ᴡᴇʟʟ ᴇǫᴜɪᴘᴘᴇᴅ ᴡɪᴛʜ ᴀ sᴘᴇᴇᴅ ᴏғ ғɪʀɪɴɢ ᴀɴᴅ ʀᴀɴɢᴇ ᴡʜɪᴄʜ ᴡᴇʀᴇ ʙᴇᴛᴛᴇʀ ᴛʜᴀɴ ɪɴᴅɪᴀɴ ᴀʀᴍs. ғᴏʀ ᴛʜᴀᴛ ᴍᴀᴛᴛᴇʀ, ᴍᴀɴʏ ɪɴᴅɪᴀɴ ʀᴜʟᴇʀs ɪᴍᴘᴏʀᴛᴇᴅ ᴇᴜʀᴏᴘᴇᴀɴ ᴀʀᴍs ᴀɴᴅ ᴇᴍᴘʟᴏʏᴇᴅ ᴇᴜʀᴏᴘᴇᴀɴ ᴀs ᴍɪʟɪᴛᴀʀʏ ᴏғғɪᴄᴇʀs, ʙᴜᴛ ᴛʜᴇʏ ɴᴇᴠᴇʀ ᴛʜɪɴᴋ ᴀʙᴏᴜᴛ ᴍɪʟɪᴛᴀʀʏ sᴛʀᴀᴛᴇɢʏ ᴡʜɪᴄʜ ᴡᴀs ᴍᴀᴅᴇ ᴛʜᴇᴍ ᴍᴇʀᴇ ɪᴍɪᴛᴀᴛᴏʀs.
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Queen Elizabeth granted them a charter allowing them to solely trade with the East. This meant that no other companies could give them competition. However, this applied to english countries only, not French, Dutch etc.
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