English East India Company

The English East India Company was the joint-stock trading company chartered by Elizabeth I on December 31, 1600, to trade with the East Indies, which grew into a ruling power in India before its formal dissolution in 1874.

1600–1874 London, England, and Asia

What happened and why it matters

The East India Company is the archetype of a firm that controlled a whole supply chain, from sourcing in Asia and ocean shipping to warehousing and sale in London, and its history shows the risks of that much concentrated power. It traded spices, textiles, tea, and other goods under a royal monopoly and eventually governed much of India with its own army. After the Indian Rebellion of 1857, the British Crown took over its territories, and the company was formally dissolved on June 1, 1874. Owning ships, warehouses, and sales channels still trades greater control against higher cost and risk.

Related events

Laws and regulations

Sources

  1. East India Company britannica.com
  2. East India Company en.wikipedia.org