That is not exactly right The VOC or Vereeinegde Oost Indiesche companie is dutch charted conglomerat and has monopoly for 20 years on the trade of spices which is very valuable since they are used to cure meat before the invention of refrigerator.
The king of Holland and other nobility of the Dutch kingdom are their direct investor,benefactor and protector. They are what you called SOE these days not exactly pure private company. They are creation of the state. They have the right to raise army and navy. declare war and take possession of native land, promulgate law and, right to close a treaty with local king
Now which private company can do that?
Dutch East India Company
From Wikipedia, the free encyclopedia
For other uses, see
.
United East India Company
Native name
Vereenigde Oostindische Compagnie
Industry Proto-
Fate Disintegration
Predecessor
Founded 20 March 1602
Founder
Defunct 31 December 1799
Headquarters
Area served
Eurasia, Greater India
Key people
Products Spices, silk, tea, grain, rice, soybean, sugarcane
Courtyard of the
(
in Dutch). In 1611, the world's first formal stock exchange was launched by the VOC.
of the VOC ship
under sail
The
Dutch East India Company, officially the
United East India Company (
:
Vereenigde Oostindische Compagnie;
VOC) was a
founded by a government-directed amalgamation of several rival Dutch trading companies (
) in the early 17th century.
It was established on 20 March 1602, as a
to trade with
during the period of
,
from which 50% of textiles and 80% of silks were imported, chiefly from its most developed region known as
.
In addition, the company traded with
Southeast Asian countries when the
granted it a 21-year monopoly on the Dutch
. It has been often labelled a
(i.e. a company of
