the+English+East+India+Company

= = =the English East India Company =  [|The English East India Company] was founded on December 31 1600, when Her Royal Majesty Queen Elizabeth I granted a group of merchants a royal charter, giving them a monopoly of trade in all countries east of the Cape of Good Hope for fifteen years. How ever, the Company still had to compete with the Dutch and the Portugese for supremacy of trade in the east indies. There was often violence and battles between the Company and it's rivals. one in perticular, the [|Battle of Swally] was a major victoy agaist the Portugese. The company then began taking land in India, which was the start of British Imperialism in India After the Charter expired, His Royal Majesty King James I gave the Company Infinite monopoly of trade until they had no profit three years in a row. 100 years since it was first granted, the Charter was effectively discontinued.

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