chartered companies

Crown-authorized trading firms

Chartered companies were corporations granted special privileges by royal or governmental charter, typically including monopoly rights over trade in specific regions.

The British East India Company and Hudson's Bay Company were prominent examples, wielding governmental powers alongside commercial operations.

The chartered companies of the 17th century functioned as arms of colonial expansion.

The form is largely historical, replaced by modern corporate structures.

Opposites
authorization and legal status

chartered companiesinterlopers

Unwelcome meddlers in affairs

smugglers · bootleggers

market structure

chartered companiesfree traders

Advocates of open markets

organizational form

chartered companiessole proprietorships

Businesses with single owners

local merchants · family businesses · sole proprietors · cottage industries · artisan workshops

Family

company, charter, chartered

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